Japan Data

  • 2020-01-14 00:39


    --Japan Dec Econ Watchers Current Index 39.8; Nov 39.4
    --Japan Dec Watchers Outlook Index 45.4; Nov 45.7
    --Japan Govt Keeps View: Weakness seen in recovery

    TOKYO (MNI) - Japan's current sentiment index posted a second straight rise in December, boosted by item linked to retail sales, although items linked to drinking/eating services fell, a key government survey released Tuesday showed.

    The monthly survey indicates whether respondents with jobs most sensitive to economic conditions -- taxi and truck drivers, department-store sales staff and restaurant and shop owners -- think economic conditions have improved or worsened from the three months prior.

    These are the key points from the latest Economy Watchers Survey, conducted by the Cabinet Office between December 25 and

  • 2020-01-10 00:33


    TOKYO (MNI) - The Bank of Japan's Consumption Activity Index posted the first month-on-month rise in two months in November, up 2.7% on a seasonally adjusted basis, data released Friday showed.

    The rise came after downwardly revised fall of 9.1% (initially -7.4%) in October and an upwardly revised rise of 4.3% in September.

    Private consumption was hit hard by the sales tax hike and a string of natural disasters in October but rebounded, easing BOJ concern over spending.

    But the October-November index fell 4.5% q/q, reversing the 1.0% gain in the Q3 and 0.7% rise in Q2.

    Government spending data remained weak but the November data released by the BOJ was solid, possibly giving the BOJ room to maintain its current assessment.

    The latest assessment was "priv

  • 2020-01-09 00:47


    --BOJ Dec Consumer Sentiment Diffusion Index Down 5.8 To -25.0

    TOKYO (MNI) - The Bank of Japan's quarterly consumer survey saw sentiment fall from three months ago, as judged by income, business conditions and footfall at retailers and restaurants, data released Thursday showed.

    These are the key points from the survey:

    --The BOJ's consumer current climate sentiment diffusion index fell 3.8 points to -29.8 in December, the sixth consecutive quarterly drop after falling 1.0 points to -26.0 in September.

  • 2020-01-08 00:21


    --Japan Dec Consumer Confidence Index 39.1 Vs Nov 38.7
    --Japan Govt Keeps View: Consumer Confidence Improving

    TOKYO (MNI) - Japan's consumer confidence index rose 0.4 points for the third consecutive month to a seasonally adjusted 39.1 in December, the latest Consumer Confidence Survey released by the Cabinet Office showed Wednesday.

    --The rise, following a 2.5 point rise to 38.7 in November, was driven mainly by a brighter outlook for purchases of durable goods, income and general economic well-being.

    --The Cabinet Office kept to its assessment from the previous month, saying consumer confidence was "improving".

  • 2020-01-08 00:16


    TOKYO (MNI) - Japan's estimated positive output gap narrowed to 1.02 percentage points in the July-September quarter as supply tightened and demand firmed, down from the 1.03pp fall in April-June, the Bank of Japan said Wednesday.

    --The result was the 12th straight quarter with a positive output gap, which should increase pressure on consumer prices and inflation expectations, albeit with a lag of a few quarters.

    --The BOJ's estimate of the output gap, based on capital and labour stocks, was wider than the Cabinet Office's latest estimate at 0.6pp, a figure based on revised Q3 GDP data of +0.4% on quarter, or an annualized rate of +1.8%.

    --The BOJ also said that Japan's potential growth rate for the April-September period was estimated at 0.57%, up from 0.55% for th

  • 2020-01-07 21:26


    --Japan Nov Average Wages -0.2% Y/Y, 1st Drop in 3 Months; Oct 0.0%
    --Japan Nov Real Average Wages -0.9% Y/Y; 2nd Straight Drop; Oct -0.4%
    --Japan Nov Base Wages +0.2% Y/Y, 5th Straight Rise; Oct +0.2%
    --Japan Nov Overtime Pay -1.9% Y/Y, Oct -0.1%
    --Japan Nov Bonuses, Other Special Pay -3.9% Y/Y, Oct -8.5%

    TOKYO (MNI) - Average Japanese wages fell year-on-year in November for the first drop in two months after being unchanged in October, while real wages remained in negative territory, according to preliminary data released Wednesday by the Ministry of Health, Labour and Welfare.

    Here are the key points from the Monthly Labour Survey:

    --Total monthly average cash earnings per regular employee fell 0.2% year-on-year to Y284,652 in November, following 0.0% in October an

  • 2019-12-19 21:13


    TOKYO (MNI) - Japan's annual core consumer inflation rate continued to pick up in November driven by higher food prices, according to data from the Ministry of International Affairs and Communications released on Friday.

    The key points from the latest CPI data:

    --The national average core consumer price index (excluding fresh food) accelerated for a third month at 0.5% year-on-year in November, in line with an MNI survey and up from 0.4% in October.

  • 2019-12-16 00:32


    TOKYO (MNI) - The government will raise its economic growth forecast in fiscal 2020 to 1.4% from 1.2% estimated in July, as recent economic stimulus measures will likely be a boost, local newspapers reported on Saturday.

    The Cabinet led by Prime Minister Shinzo Abe will approve the forecast in the coming days.

  • 2019-12-16 00:28


    --BOJ Dec Tankan: Firms 1-Yr Inflation Rate at 0.8%; 0.9% in Sep
    --BOJ Dec Tankan: Firms 3-Yr Inflation Rate at 1.0%; 1.0% in Sep
    --BOJ Dec Tankan: Firms 5-Yr Inflation Rate at 1.1%; 1.1% in Sep

    TOKYO (MNI) - The one-year inflation outlook among Japanese companies fell from three months ago, indicating any pickup in consumer prices will remain muted, the Bank of Japan's December Tankan survey follow-up released Monday showed.

    The inflation outlook survey follows Friday's main Tankan release, which showed business sentiment broadly fell from three months ago, hit by trade frictions and the recent sales tax hike.

    But the survey also showed capital investment plans by major and smaller firms in this fiscal year were above historical averages, easing BOJ concern that the vi

  • 2019-12-12 19:19


    TOKYO (MNI) - The Bank of Japan's December quarterly Tankan business survey, released Friday, showed business sentiment fell from three months ago, hit by ongoing trade tensions and the slowing global economy.

    Non-manufacturers were hit by a post-tax hike drop in spending and typhoon damage.

    But the survey also showed that capital investment plans by major and smaller firms remain above historical averages, easing BOJ concern over an imminent pause in the virtuous cycle from profits to spending.

    Major manufacturers, although hit by ongoing weak global demand, revised their capital investment plans up.