Japan Rapid Response Japan Labour Cash Earnings (Apr. 2026) The continued strength in wage growth gives the Bank of Japan the green light to resume its tightening cycle at its meeting on 16 th June. 5th June 2026 · 2 mins read
Japan Rapid Response Japan Activity, Labour Market (Apr. 26) & Tokyo CPI (May 26) The April activity data show that Japan’s economy is shrugging off the energy cost shock and cement the case for a BoJ rate hike next month. 29th May 2026 · 2 mins read
Japan Rapid Response Japan Consumer Prices (April 2026) Although inflationary pressures eased in April, they will pick up again before long. Accordingly, we still think the Bank of Japan is likely to resume its tightening cycle sooner rather than later. 22nd May 2026 · 2 mins read
Japan Rapid Response Japan Flash PMIs (May 26) The composite PMI suggests that economic activity is softening rather than collapsing, while inflation could soon become as strong as it was after the Ukraine War. 21st May 2026 · 2 mins read
Japan Rapid Response Japan External Trade (Apr. 26) Most of the recent strength in exports reflects soaring export prices, while the closure of the Strait of Hormuz resulted in a record plunge in crude oil imports. T 21st May 2026 · 2 mins read
Japan Rapid Response Japan Labour Cash Earnings (Mar. 26) While wage growth softened a little in March, it remains strong enough to prompt the Bank of Japan to hike rates as soon as downside risks from the Iran War start to abate. 8th May 2026 · 2 mins read
Japan Rapid Response Japan Industrial Production & Retail Sales (Mar. 26) The March activity data only show a small economic hit from the energy shock so far but we still think that the economy will slow noticeably over the next couple of quarters. 30th April 2026 · 2 mins read
Japan Rapid Response Japan Tankan (Q1 26) The Tankan survey showed that firms are shrugging off the energy shock caused by the Iran war, which should encourage the BoJ to hike rates at this month’s meeting. 1st April 2026 · 2 mins read
Japan Rapid Response Japan Activity & Labour Market (Feb. 26), Tokyo CPI (Mar. 26) The February activity data show that Japan’s economy approached the Iran war with solid momentum and with inflation unlikely to surge, we expect any hit to activity from higher energy costs to be... 31st March 2026 · 2 mins read
Japan Rapid Response Japan Consumer Prices (Feb. 2026) Inflationary pressures are more entrenched than the weak headline result would for February would suggest. Indeed, we believe that the Bank of Japan’s preferred measure of core inflation will remain... 23rd March 2026 · 2 mins read
