Japan Data

  • 2019-02-22 02:47


    --Japan Core CPI Up 0.8% Y/Y in Jan Vs. +0.7% in Dec

    TOKYO (MNI) - January's modest uptick in core nationwide inflation will be a welcome sight for the Bank of Japan, but falling crude oil prices will continue to weigh in coming months and officials are still eyeing expectation levels with concern, MNI understands.

  • 2019-02-21 19:58


    --Japan Core CPI Up 0.8% y/y In January Vs. +0.7% in December

    TOKYO (MNI) - Japan's nationwide core consumer price index rose 0.8% on year in January, accelerating from 0.7% in December, but Bank of Japan officials are still cautious over the inflation outlook.

    Core CPI had been expected to edge higher in January, as Tokyo core CPI -- a leading indicator for the nationwide number -- had already shown an acceleration from the previous month. However, inflation remains stubbornly slow responding to a sustainable economic expansion and tight labor market conditions, with firms still cautious over raising retail prices.

    Looking ahead, downward pressure on consumer prices from the past drop in crude oil prices is expected to strengthen in the coming months.

  • 2019-02-21 08:16


    TOKYO (MNI) - Japan's government has left its overall economic assessment unchanged from the previous month, saying the Japanese economy "is recovering at a moderate pace," for the 14th straight month.

    However, the government lowered its assessment of industrial production for the first time since October 2015 and that for corporate profits for the first time since June 2016.

    The government's latest report said industrial production is increasing moderately, "while weakness can be seen in some areas." Previously, the government said that industrial production is increasing moderately.

    Th report added that overseas orders and shipments are slowing with regard to electronic parts and devices.

    An official at the Cabinet Office said that the slowing Chinese econom

  • 2019-02-21 04:42


    TOKYO (MNI) - Japan's government has left its overall economic assessment unchanged from the previous month, saying the Japanese economy "is recovering at a moderate pace," for the 14th straight month.

    However, the government lowered its assessment of industrial production for the first time since October 2015 and that for corporate profits for the first time since June 2016.

    The government's latest report said industrial production is increasing moderately, "while weakness can be seen in some areas." Previously, the government said that industrial production is increasing moderately.

    Th report added that overseas orders and shipments are slowing with regard to electronic parts and devices.

    An official at the Cabinet Office said that the slowing Chinese econom

  • 2019-02-19 20:48


    --Japan January Exports Fall 8.4% Y/Y After -3.9% In December

    TOKYO (MNI) - Further weak trade data has increased Bank of Japan concern over the outlook for Japan's exports as China's economy slows and officials now wait to see how the first quarter develops.

    BOJ officials admit that the impact on production and exports from China's slowing economy is gradually emerging, although there isn't enough evidence yet to force a downgrade to their export view. They don't expect China's economy to worsen sharply from here, as Beijing steps up preventative measures, although the effectiveness of stimulus remains uncertain.

    Japan posted a second straight year-on-year drop in January, despite expectations of stronger exports to China before the Lunar New Year holiday in February.

  • 2019-02-19 01:09


    TOKYO (MNI) - Bank of Japan Governor Haruhiko Kuroda said Tuesday that the BOJ will consider conducting additional easy policy if hitting the 2% price target is undermined by a slowing economy and inflation triggered by exchange rate moves.

    Kuroda told lawmakers, "A central bank's monetary policy isn't directly linked to foreign exchange rates, but central banks are closely watching the impact of foreign exchange rate movements on economic activity and prices."

    He added that if the yen rose due to a narrowing interest rate gap between the U.S. and Japan because the U.S.

  • 2019-02-13 02:31


    TOKYO (MNI) - Japan's economy is expected to post the first growth in two quarters in the October-December period, thanks to higher capital investment and private consumption, private economists forecast.

    The median forecast by eight economists for preliminary Q4 GDP is for a 0.3% rise on quarter, or an annualized +1.2%, compared with second preliminary estimate of -0.6% q/q, or an annualized -2.5% for the third quarter.

    Forecasts ranged from +0.1% to +0.5% q/q, or +0.3% to +2.0% at an annualized pace.

    The Cabinet Office will release preliminary GDP data for the October-December quarter at 0850 JST on Thursday, Feb. 14 (2350 GMT on Wednesday, Feb.

  • 2019-02-12 02:31


    TOKYO (MNI) - Japan's economy is expected to post the first growth in two quarters in the October-December period, thanks to higher capital investment and private consumption, private economists forecast.

    The median forecast by eight economists for preliminary Q4 GDP is for a 0.3% rise on quarter, or an annualized +1.2%, compared with second preliminary estimate of -0.6% q/q, or an annualized -2.5% for the third quarter.

    Forecasts ranged from +0.1% to +0.5% q/q, or +0.3% to +2.0% at an annualized pace.

    The Cabinet Office will release preliminary GDP data for the October-December quarter at 0850 JST on Thursday, Feb. 14 (2350 GMT on Wednesday, Feb.

  • 2019-02-11 02:31


    TOKYO (MNI) - Japan's economy is expected to post the first growth in two quarters in the October-December period, thanks to higher capital investment and private consumption, private economists forecast.

    The median forecast by eight economists for preliminary Q4 GDP is for a 0.3% rise on quarter, or an annualized +1.2%, compared with second preliminary estimate of -0.6% q/q, or an annualized -2.5% for the third quarter.

    Forecasts ranged from +0.1% to +0.5% q/q, or +0.3% to +2.0% at an annualized pace.

    The Cabinet Office will release preliminary GDP data for the October-December quarter at 0850 JST on Thursday, Feb. 14 (2350 GMT on Wednesday, Feb.

  • 2019-02-08 02:31


    TOKYO (MNI) - Japan's economy is expected to post the first growth in two quarters in the October-December period, thanks to higher capital investment and private consumption, private economists forecast.

    The median forecast by eight economists for preliminary Q4 GDP is for a 0.3% rise on quarter, or an annualized +1.2%, compared with second preliminary estimate of -0.6% q/q, or an annualized -2.5% for the third quarter.

    Forecasts ranged from +0.1% to +0.5% q/q, or +0.3% to +2.0% at an annualized pace.

    The Cabinet Office will release preliminary GDP data for the October-December quarter at 0850 JST on Thursday, Feb. 14 (2350 GMT on Wednesday, Feb.