Japan Data

  • 2019-10-09 20:25

    TOKYO (MNI) - Japan's corporate goods price index posted a fourth straight year-on-year decline in September, with the index falling to the lowest level since December 2016 when it fell 1.2% on year, data released by the Bank of Japan Thursday showed.

    September's 1.1% y/y fall accelerated from a 0.9% decline in August, -0.6% in July and -0.2% in June, which was then the first year-on-year drop in 30 months.

    A BOJ official noted that CGPI was weighed by weak gasoline prices, although higher prices for agriculture, forestry and fishery products offered upside pressure.

    The BOJ official didn't touch on the outlook for CGPI, or whether it is expected to fall further this year.

    On the month, CGPI was unchanged in September following a 0.3% fall in August.


  • 2019-10-08 00:28

    --Japan Sep Econ Watchers Current Index 46.7; Aug 42.8
    --Japan Sep Watchers Current Index Posts 2nd Straight Rise
    --Japan Sep Watchers Outlook Index 36.9; Aug 39.7
    --Japan Sep Watchers Outlook Index Posts 3rd Straight Drop
    --Japan Govt Keeps View: Weakness seen in recovery

    TOKYO (MNI) - Japan's current sentiment index posted the second straight rise in September, helped by retail sales and drinking an eating services that saw front-loaded demand ahead of the Oct 1 sales tax hike, 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 th

  • 2019-10-07 20:55

    TOKYO (MNI) - Real average household spending in Japan rose 1.0% year-on-year in August for the ninth straight rise following the +0.8% movement in July. The data showed higher spending on food, furniture and household utensils, and clothing and footwear, according to data released Tuesday by the Ministry of Internal Affairs and Communications.

    Here are the key points from the monthly Family Income and Expenditure Survey on Households.

    --Real average spending by households with two or more people posted the ninth straight year-on-year rise in August, up 1.0% after an adjustment for the difference caused by using two different survey methods.

  • 2019-10-07 19:11

    --Japan Aug Average Wages -0.2% Y/Y, 2nd Straight Drop; July -1.0%
    --Japan Aug Real Average Wages -0.6% Y/Y; 8th Straight Drop; July -1.7%
    --Japan Aug Base Wages +0.3% Y/Y, 2nd Straight Rise; July +0.1%
    --Japan Aug Overtime Pay +0.9% Y/Y, 2nd Straight Rise; July +0.1%
    --Japan Aug Bonuses, Other Special Pay -11.4% Y/Y, July -3.3%

    TOKYO (MNI) - Average wages fell 0.2% year-on-year in August following a 1.0% fall in July, with real wages still in negative territory, according to preliminary data released Tuesday 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 in Japan fell 0.2% year-on-year to Y276,296 in August, the second straight drop following a 1.0% fall

  • 2019-10-07 00:32

    TOKYO (MNI) - The Bank of Japan's supply-side Consumption Activity Index posted the first rise in three months in August, up a real 3.1% on a seasonally adjusted basis, following an upwardly revised fall of 1.2% (previously -2.4%) in July and a revised fall of 0.6% in June, data released Monday showed.

    The index for the July-August period fell 0.1% on quarter, slowing from +0.9% (revised from +1.0%) in the second quarter.

    The BOJ believes the index underlines its latest assessment that "private consumption has been increasing moderately, albeit with fluctuations, against the background of steady improvement in the employment and income situation."

    However, it also sees private consumption, which accounts for about 60% of the total domestic output, as still lacking m

  • 2019-10-01 21:24

    --BOJ Sept Tankan: Firms 1-Yr Inflation Rate at 0.9%; 0.9% in June
    --BOJ Sept Tankan: Firms 3-Yr Inflation Rate at 1.0%; 1.0% in June
    --BOJ Sept Tankan: Firms 5-Yr Inflation Rate at 1.1%; 1.1% in June

    TOKYO (MNI) - The inflation outlook among Japanese companies was unchanged from three months ago, indicating any pickup in consumer prices will remain muted, the Bank of Japan's quarterly Tankan survey for September released Wednesday showed.

    The inflation outlook follows Tuesday's main Tankan release, that showed that business sentiment, mainly manufacturers, fell broadly from three months ago, hit by China's slowing economy and the intensified trade tensions.

    But the survey also showed capital investment plans by major and smaller firms in this fiscal year were above histo

  • 2019-09-30 19:17

    TOKYO (MNI) - The Bank of Japan's quarterly Tankan business survey for September, released Tuesday, showed business sentiment, mainly amongst manufacturers, fell from three months ago, hit by the intensified trade tension and the slowing Chinese economy.

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

    Major manufacturers have been strongly influenced by the sustained weak global demand, revising down their capital investment plans just a little.

    Capital investment by non-manufacturers, linked mainly with the ongoing labor shortage and domestic demand, remained solid.

    Looking ahead, sentimen

  • 2019-09-19 20:03

    --Japan Aug Core CPI +0.5% Y/Y; MNI Median +0.5%; July +0.6%
    --Japan Aug Core-Core CPI +0.6% Y/Y; July +0.6%
    --Japan Aug CPI Energy Costs -0.3% Y/Y; July +0.6%
    --Japan Aug CPI Food Ex-Perishables +1.1% Y/Y; July +1.2%
    --Japan Aug CPI Household Durable Goods +5.4% Y/Y; July +3.8%

    TOKYO (MNI) - Japan's annual core consumer inflation rate slowed in August from the previous month's level as energy costs turned lower on year, 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 0.5% on year in August, slowing from +0.6% in July and in line with an MNI survey, recording a 32nd straight year-on-year rise.

    --The decel

  • 2019-09-17 02:21

    TOKYO (MNI) - There is no immediate need for the Bank of Japan to conduct further easing, but the BOJ will likely deepen its short-term policy interest rate further into negative territory as a precautionary move against the accumulating risks facing Japan's economy, former Deputy Governor Hirohide Yamaguchi said Tuesday

    "The already-implemented easing by the BOJ has produced side-effects and I think it doesn't need to conduct further easing, which in turn will further increase side-effects," Yamaguchi, now chairman of the Advisory Board at Nikko Research Center told reporters.

    Although emphasizing the positive benefits to both the economy and financial markets if the BOJ don't conduct further easing, Yamaguchi said that there is the possibility that the central bank cut

  • 2019-09-08 19:48

    --Japan Q2 GDP Rev +0.3% Q/Q; Prelim +0.4%; MNI Median +0.3%
    --Japan Q2 Annualized GDP Rev +1.3% Vs +1.8%; MNI Median +1.3%
    --Japan Q2 Capex Rev +0.2% Q/Q; Prelim +1.5%; Median +0.8%
    --Japan Q2 Capex Contribution Revised At +0.0 Point Vs.