Japan Data

  • 2019-02-07 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.

  • 2019-01-31 23:45


    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.

  • 2019-01-31 23:45


    TOKYO (MNI) - The following are the median forecasts for Japan's preliminary gross domestic product for the October-December quarter provided by economists surveyed by MNI.

    Thursday, Feb. 14, 0850 JST (2350 GMT Wednesday, Feb. 13): The Cabinet Office releases preliminary Q4 GDP.

  • 2019-01-31 02:26


    --Adds Comments From Press Briefing at bottom

    SHIMONOSEKI, Japan (MNI) - Bank of Japan Deputy Governor Masayoshi Amamiya warned Thursday that the central bank must pay greater attention to accumulated side-effects of easy policy than previously.

    "In order to persistently continue tight the current powerful monetary easing, it is necessary to contain the accompanying negative effects, or the side effects," Amamiya said.

  • 2019-01-30 21:12


    TOKYO (MNI) - One Bank of Japan board member saw the need to prepare further policy responses if downside risks to economic activity and prices materializes, the summary of opinions from the bank's January 22-23 policy meeting showed.

    BOJ board members were worried about growing downside risks to the global economy but they judged the baseline recovery scenario was unchanged, and they agreed to carefully monitor developments of economic and financial conditions, the 'Opinions', released Thursday, showed.

    Another member saw the necessity "to devise ways to avoid a situation where an expectation that no policy change would occur for the time being will be fixed in financial markets amid successive downward revisions to the outlook for prices."

    The BOJ kept monetary po

  • 2019-01-30 20:27


    TOKYO (MNI) - Japan's industrial production posted the second straight month-on-month drop in December, leaving Bank of Japan officials to re-examine their view that production is returning to a moderate recovery path.

    BOJ officials were encouraged as production rebounded in the fourth quarter, although as expected not not fully offsetting the drop seen in Q3, as firms cannot increase production beyond their operating ratio, already running near full capacity.

    Production in December fell 0.1% from November, according to preliminary data released Thursday by the Ministry of Economy, Trade and Industry (METI). However, December's -0.1% was a better than the MNI median forecast of -0.3%.

    --FIRST QUARTER FOCUS

    BOJ officials think the weaker production data for Dec

  • 2019-01-29 08:16


    TOKYO (MNI) - Japan's government on Tuesday left its overall economic assessment unchanged from the previous month, saying, "The Japanese economy is recovering at a moderate pace," for the 13th straight month.

    Japan's economy has been recovering for 74 straight months, posting the longest period for economic pick up since the end of World War II, although a final assessment on the expansion period will be implemented by a government panel about one year after the run ends.

    --EXPORTS LOWER

    The government lowered its assessment on exports, saying, "Exports are in a weak tone." The downward revision was the first time since October 2018. Previously, it said, "exports are largely flat."

    "Exports to the China, such as chip-making equipment and electronic devices,

  • 2019-01-29 03:30


    TOKYO (MNI) - Japan's government on Tuesday left its overall economic assessment unchanged from the previous month, saying, "The Japanese economy is recovering at a moderate pace," for the 13th straight month.

    Japan's economy has been recovering for 74 straight months, posting the longest period for economic pick up since the end of World War II, although a final assessment on the expansion period will be implemented by a government panel about one year after the run ends.

    --EXPORTS LOWER

    The government lowered its assessment on exports, saying, "Exports are in a weak tone." The downward revision was the first time since October 2018. Previously, it said, "exports are largely flat."

    "Exports to the China, such as chip-making equipment and electronic devices,

  • 2019-01-28 20:31


    TOKYO (MNI) - Japan's government on Tuesday left its overall economic assessment unchanged from the previous month, saying, "The Japanese economy is recovering at a moderate pace," for the 13th straight month.

    Japan's economy has been recovering for 74 straight months, posting the longest period for economic pick up since the end of World War II, although a final assessment on the expansion period will be implemented by a government panel about one year after the run ends.

    --EXPORTS LOWER

    The government lowered its assessment on exports, saying, "Exports are in a weak tone." The downward revision was the first time since October 2018. Previously, it said, "exports are largely flat."

    "Exports to the China, such as chip-making equipment and electronic devices,

  • 2019-01-27 20:36


    TOKYO (MNI) - China's slowing economy and its impact on Japan was a seen as a concern to some Bank of Japan board members, the minutes of the December 19-20 policy meeting released Monday showed.

    However, the BOJ didn't see the need to conduct additional easy policy, but noted it would keep a close eye on both the pros and cons of current policy.

    At the meeting the BOJ board decided to stand pat on monetary policy, voting 7-2 to leave yield curve control and asset purchases unchanged, with the board seeing Japan's economy still expanding moderately, despite downside risks.

    The BOJ vowed to maintain its current easy policy "for an extended period of time," taking into account uncertainties regarding economic activity and prices, including the effects of the consumpti