Japan Rapid Response Bank of Japan Meeting (Jul. 26) While the BoJ left interest rates unchanged as widely anticipated, the accompanying Outlook report was hawkish and we’re sticking to our non-consensus view that the Bank will lift interest rates to 2%... 31st July 2026 · 2 mins read
Japan Rapid Response Japan Activity, Labour Market (Jun. 26) & Tokyo CPI (July 26) The June activity data suggest that GDP rose at a robust pace last quarter, while there are early signs that higher energy costs are feeding through to consumer prices. 31st July 2026 · 2 mins read
Japan Rapid Response Japan Flash PMIs (Jul. 26) The June composite PMI suggests that the economy remains resilient and still points to a sharp acceleration in inflation. 24th July 2026 · 2 mins read
Japan Rapid Response Japan Consumer Prices (Jun. 26) While inflation remained below the Bank of Japan’s 2% target in June, the surge in producer price inflation points to a marked acceleration and we expect inflation to climb above 3% by early next year 24th July 2026 · 2 mins read
Japan Rapid Response Japan External Trade (Jun. 26) Japan’s crude oil imports rebounded strongly in June but with the Strait of Hormuz now closed again, they will remain below pre-war levels for a while yet. T 22nd July 2026 · 2 mins read
Japan Rapid Response Japan Labour Cash Earnings (May 2026) The slowdown in wage growth in May is unlikely to deter the Bank of Japan from tightening policy further in the months ahead. 7th July 2026 · 1 min read
Japan Rapid Response Japan Industrial Production & Labour Market (May 26) 30th June 2026 · 2 mins read
Japan Rapid Response Japan Consumer Prices (May 26) While the government’s fuel price caps have so far kept a lid on consumer prices, we expect the pass-through of higher energy costs to utilities charges and other goods and services to lift inflation... 19th June 2026 · 2 mins read
Japan Rapid Response Japan External Trade (May 26) The continued plunge in petroleum imports in May undermines the BoJ’s view that Japan has been making progress in securing alternative sources of raw materials but that’s unlikely to prevent the Bank... 17th June 2026 · 2 mins read
Japan Rapid Response Bank of Japan Meeting (June 26) The Bank of Japan lifted its policy rate to a three decade high today and we expect the Bank to accelerate the pace of tightening over the coming months. 16th June 2026 · 2 mins read
Japan Rapid Response Japan Producer Prices (May) The continued strength in producer price inflation makes it all but certain that the Bank of Japan will hike rates at its meeting next week. We also expect the Bank to speed up the pace of policy... 10th June 2026 · 2 mins read
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
