Japan Data

  • 2019-12-09 18:25


    TOKYO (MNI) - The Bank of Japan's quarterly Tankan survey for December will likely show a dip in sentiment among many business sectors from three months ago, weighed by continued uncertainties from the global economy and the sales tax hike, economists said.

    The Tankan will show hat major firms revising down their capital investment plans, but smaller firms revise theirs upwards.

    The BOJ will release the outcome of its Tankan quarterly business survey for December conducted from mid-November to Dec 12 at 0850JST on Dec 13.

    --BUSINESS SENTIMENT DROPS

    The median economist forecast for the diffusion index (DI) for sentiment among major manufacturers is +3, down from +5 in September, which would be a fourth straight drop.

    Economists said that companies, espec

  • 2019-12-09 00:47


    --Japan Nov Econ Watchers Current Index 39.4; Oct 36.7
    --Japan Nov Watchers Outlook Index 45.7; Oct 43.7
    --Japan Govt Keeps View: Weakness seen in recovery

    TOKYO (MNI) - Japan's current sentiment index bounced back in November, boosted by items linked to retail sales and drinking/eating services in the wake of the sales tax hike, a key government survey released Monday 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 November 25 and November 3

  • 2019-12-06 02:55


    TOKYO (MNI) - The Bank of Japan's Consumption Activity Index posted the first month-on-month drop in three months, down 7.4% on a seasonally adjusted basis in October, data released Friday showed.

    The fall came after upwardly revised gain of 3.8% in September and a downwardly revised rise of 2.5% in August.

    Private consumption was hit hard by a post-tax hike drop and a string of natural disasters in October that slowed demand.

    The October index fell 4.3% on quarter, reversing the 0.8% gain in the Q3 and +0.7% in Q2.

    The BOJ will likely lower its assessment of private consumption at its two-day policy-setting meeting on Dec.

  • 2019-12-05 21:29


    --Japan Oct Average Wages +0.5% Y/Y, 2nd Straight Rise; Sep +0.5%
    --Japan Oct Real Average Wages +0.1% Y/Y; 2nd Straight Rise; Sep +0.2%
    --Japan Oct Base Wages +0.6% Y/Y, 4th Straight Rise; Sep +0.3%
    --Japan Oct Overtime Pay 0.0% Y/Y, Sep -0.2%
    --Japan Oct Bonuses, Other Special Pay -4.4% Y/Y, Sep +9.1%

    TOKYO (MNI) - Average wages in Japan rose 0.5% year-on-year in October following a 0.5% rise in September, with real wages staying in positive territory, according to preliminary data released Friday 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 rose 0.5% year-on-year to Y273,466 in October, the second straight rise following a 0.5% rise in September.

  • 2019-12-03 00:50


    TOKYO (MNI) - Japan's economy likely expanded faster than initially estimated in the third quarter, with business investment appearing to be stronger than first seen, economists forecast in the wake of a key government survey published Monday.

    The median forecast by six economists for revised Q3 GDP is +0.2% on quarter, or an annualized +0.9%, compared with the preliminary estimate of +0.1% q/q, or an annualized +0.2%.

  • 2019-12-01 20:00


    --Japan Q3 Non-Financial Firm Capex +7.1% Y/Y; Q2 +1.9%
    --Japan Q3 Capex (Ex-Software) +1.2% Y/Y; Q2 -0.2%

    TOKYO (MNI) - Combined capital investment by non-financial Japanese companies rose 7.1% on year in Q3, accelerating from a 1.9% in Q2, according to a quarterly survey of major companies released by the Ministry of Finance Monday.

    Following are the key points from the Ministry of Finance quarterly Financial Statements Statistics of Corporations by Industry survey:

    --Capital investment by non-financial Japanese firms rose 7.1% on year in the July-September period, the 13th straight rise.

  • 2019-11-29 00:23


    --Japan Nov Consumer Confidence Index 38.7 Vs Oct 36.2
    --Japan Govt Ups View: Consumer Confidence Improving

    TOKYO (MNI) - Japan's consumer confidence index rose 2.5 points to a seasonally adjusted 38.7 in November, the second straight gain, the latest Consumer Confidence Survey released by the Cabinet Office showed Friday.

    --The rise, following a 0.6 point rise to 36.2 in October, was driven mainly by a brighter outlook for purchases of durable goods and economic well-being.

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

  • 2019-11-21 20:36


    TOKYO (MNI) - Japan's annual core consumer inflation rate quickened in October, driven by food ex-perishables, household durable goods and accommodation price hike, data from the Ministry of International Affairs and Communication released Friday showed.

    The key points from the latest CPI data:

    --The national average core consumer price index (excluding fresh food) rose 0.4% on year in October, up from 0.3% in September and in line with an MNI survey, recording a 34nd straight year-on-year gain.

    --Energy costs dipped further, down by 2.7% on year in October, following September's 1.9% drop.

    --Overall CPI rose 0.2% on year in October, unchanged from the previous month.

    --The underlying inflation rate measured by the core-core CPI (excluding fresh food and

  • 2019-11-13 19:04


    TOKYO (MNI) - Japan's economy was boosted in the third quarter by a rise in demand ahead of the October 1 sales tax hike and careful attention should be paid to how the economy evolves in Q4 as the effects of the front-loading work through, a senior official at the Cabinet Office said Thursday.

    The official didn't elaborate as to what extent the economy will likely contract in the fourth quarter.

    Bank of Japan officials expect the economy to contract in Q4 on the back of weak exports, industrial production and consumer spending.

    The Cabinet Office official said, "The period of the front-loaded rise in demand before the tax hike was shorter than the previous tax hike in 2014 and the degree was also smaller than then."

    Private consumption will remain weak immedi

  • 2019-11-13 19:02


    --MNI Japan Q3 Real GDP +0.1% Q/Q; MNI Median +0.2%
    --Japan Q3 Real GDP +0.2% Annualized; MNI Median +0.8%
    --Japan Q3 GDP Posts 4th Straight Rise
    --Japan Q3 Domestic Demand Contribution +0.2 PP
    --Japan Q3 Capex +0.9% Q/Q, +0.1 PP Contribution

    TOKYO (MNI) - Japan's economy posted a fourth straight quarterly gain in the July-September period, up 0.1% q/q, or an annualized +0.2%, boosted by stronger capital investment and solid household spending, preliminary GDP data released Thursday by the Cabinet Office showed.

    But growth slowed from Q2, which rose a revised 0.4% q/q, or an annualized 1.8%.