Japan Data Response Industrial Production (Oct. 22) Industrial production saw a steeper contraction in October, while firms’ output forecasts for November and December point to a weak rebound. 30th November 2022 · 2 mins read
Japan Data Response Labour Market & Retail Sales (Oct. 22) The unemployment rate stayed unchanged in August and will hover around 2.5% through 2023 due to a looming economic recession. Meanwhile, retail sales values barely grew in October from September and... 29th November 2022 · 3 mins read
Japan Economics Weekly Discretionary spending cuts hurting service sector While the rebound in inbound tourism is positive for the accommodation and transport sectors, the wider services sector is struggling because households are having to cut back on discretionary... 25th November 2022 · 7 mins read
Japan Data Response Tokyo Consumer Prices (Nov. 2022) Headline inflation in the capital set a new three-decade high in November on aggressive rises in food inflation excluding fresh food and industrial goods inflation. The upshot is that nationwide... 25th November 2022 · 2 mins read
Japan Data Response Japan Flash PMIs (Nov. 2022) November’s flash PMIs point to further weakness in the manufacturing sector, corroborating firms’ forecasts. At the same time, services activity appears to be struggling due to the rapid rise in... 24th November 2022 · 2 mins read
Japan Chart Pack Surging inflation won’t last Headline inflation shot up to 3.7% y/y in October, the strongest since December 1990 while inflation excluding fresh food and energy rose from 1.8% to 2.5%. Although this puts inflation well above the... 21st November 2022 · 11 mins read
Japan Economics Weekly Weak yen and COVID not to blame for Q3 GDP fall Q3 saw a surprise contraction in GDP that many media outlets blamed on the surge in virus cases and the slide in the yen’s value during the quarter. We think instead that the real culprits were a... 18th November 2022 · 4 mins read
Japan Data Response Japan Consumer Prices (Oct. 2022) Headline inflation set a new three-decade high in October on aggressive rises in food inflation excluding fresh food and will remain near those highs this quarter. That said, government support... 18th November 2022 · 2 mins read
Japan Data Response Japan External Trade (Oct. 2022) The trade deficit widened but stayed below the record high in August, but with the yen strengthening significantly in recent weeks, the deficit should narrow later this quarter. 17th November 2022 · 2 mins read
