Tag - economic-indicators

 
 

ECONOMIC INDICATORS

Japan's real economic growth rate for fiscal 2023 ending in March 2024 is estimated at 1.6%, up from 1.3% seen half a year ago.
BUSINESS / Economy
Dec 21, 2023
Japanese government lifts economic growth estimates
The real economic growth rate for fiscal 2023 ending in March 2024 is estimated at 1.6%, up from 1.3% seen half a year ago.
Some analysts believe Japan's stock market will be fragile in the coming months due to such factors as weak consumer spending and political instability.
BUSINESS / Markets
Dec 20, 2023
Japanese stocks expected to face early hurdles in 2024
Analysts see the nation’s equities indexes struggling over the next few months due to factors such as a stronger yen and weak consumer spending.
Japan's exports in November fell for the first time in three months, dragged down by China-bound chip shipments, underscoring worries that slowing overseas economies will complicate policymakers' efforts to wind back on stimulus.
BUSINESS / Economy
Dec 20, 2023
Japan’s exports dip as global slowdown puts pressure on recovery
Exports fell 0.2% from a year earlier despite weakness in the yen, dashing economists' hopes for a 1.4% increase and support from overseas demand.
The government reiterated that the recovery in capital investment appeared to have stalled, while industrial production showed signs of picking up.
BUSINESS / Economy
Dec 19, 2023
Japan ups assessment of business mood and sticks to view on economy
In a report, the Cabinet Office said the economy was "recovering moderately although some areas stalled recently."
Japan's core machinery orders climbed for a second straight month in October.
BUSINESS / Economy
Dec 14, 2023
Japan's October machinery orders rise despite economic uncertainty
By sector, orders from manufacturers climbed 0.2% in October from the previous month, bouncing back from a 1.8% decline in September.
The reading of the key index measuring confidence among major Japanese manufacturers, such as those in the auto and electronics sectors, rose for the third straight quarter, according to the Bank of Japan's tankan survey.
BUSINESS / Economy
Dec 13, 2023
Firms more confident ahead of BOJ policy meeting, tankan shows
Evidence of robust corporate sentiment boosts the odds of large wage hikes, paving the way for the normalization of monetary policy.
Japan’s producer price index rose 0.3% in November from a year earlier.
BUSINESS / Economy
Dec 12, 2023
Japan’s input inflation eases further to slowest pace since 2021
The persistent slowdown in the index this year is in line with the BOJ’s view that price pressures are cooling.
Business sentiment among major Japanese companies was positive for the third successive quarter in October to December, led by a continued improvement in automobile-related industries.
BUSINESS / Economy
Dec 11, 2023
Sentiment of Japan's big firms remains positive in latest quarter
The business sentiment index for companies with capital of ¥1 billion or more stood at plus 4.8, against plus 5.8 in the previous quarter.
Japan’s economic recovery from the pandemic is losing momentum as overseas economies slow and sticky inflation weighs on domestic consumption.
BUSINESS / Economy
Dec 8, 2023
Japan’s deepest economic contraction since pandemic clouds path for BOJ
Gross domestic product contracted at an annualized 2.9% in the three months through September from the previous quarter as households reined in spending.
Consumer prices excluding fresh food rose 2.3% in November from the prior year in Tokyo.
BUSINESS / Economy
Dec 5, 2023
Tokyo inflation cools to slowest pace in over a year
The development supports the Bank of Japan’s view that it should continue to be cautious about a tightening of policy.
Capital spending on goods excluding software rose 0.3% in the three months through September compared with the previous quarter, possibly serving as an encouraging sign for the Bank of Japan.
BUSINESS
Dec 1, 2023
Japan’s capital spending nudges higher in sign of resilience
Some analysts still warn that GDP could contract again in the current quarter
Strong shipments of cars, especially to the U.S., helped push up Japan’s industrial production more than expected in October.
BUSINESS / Economy
Nov 30, 2023
Japan's factory output beat expectations in October
Improvement in supply chains bolstered automakers while inventory adjustments underpinned the electronics parts industry.
Monthly regular pay rose 3.2%, or ¥9,437, on average this year, both record highs since comparative figures began in 1999.
BUSINESS / Companies
Nov 28, 2023
Japanese firms giving record pay raises this year, poll shows
Policymakers have said hiking wages is essential to ending deflation and to achieving and sustaining an inflation rate of 2% in a stable manner.
A Bank of Japan survey shows that the services producer price index rose 2.3% in October from a year earlier.
BUSINESS / Economy
Nov 27, 2023
Corporate service inflation rise signals broadening price pressures
The services producer price index, which measures the price companies charge each other for services, rose 2.3% in October from a year earlier.
Core consumer prices in Japan rose 2.9% in October from a year earlier, staying above the Bank of Japan's 2% target for the 19th straight month as products seeing price hikes continued to broaden.
BUSINESS
Nov 24, 2023
Japan inflation quickens, clouding price outlook for BOJ
A weak yen has been a key driver behind high import costs, as it has stayed near a 33-year low against the dollar in recent months.
Prime Minister Fumio Kishida (third from left) attends a meeting of ministers related to the monthly economic assessment held at the Prime Minister's Office on Wednesday.
BUSINESS / Economy
Nov 22, 2023
Japan cuts economic view on weak domestic demand
The latest assessment came after Japan's economy marked its first contraction in three quarters in July-September.
Japan's exports gained 1.6% from a year earlier in October, slowing from a 4.3% increase in the previous month.
BUSINESS / Economy
Nov 16, 2023
Japan’s economy remains under pressure as export growth slows
The value of exports gained 1.6% from a year earlier, slowing from a 4.3% increase in the previous month, according to the Finance Ministry.
Japan's economy shrank 2.1% in the July-September period from the previous quarter on an annualized basis, suggesting that its economic recovery remains patchy.
BUSINESS / Economy
Nov 15, 2023
Japan’s economy shrinks, backing BOJ and government's stimulus case
Gross domestic product contracted at an annualized pace of 2.1% in the third quarter, deeper than economists’ estimate of a 0.4% shrinkage.
Economists estimate Japan's real gross domestic product shrank at an annualized 0.4% in the three months through September.
BUSINESS / Economy
Nov 14, 2023
Japan’s economy likely shrank in summer as recovery sputters
Economists estimate that real gross domestic product shrank at an annualized pace of 0.4% in the three months through September.
Japan's producer prices rose 0.8% in October from a year earlier, the slowest pace of growth since gains resumed in March 2021.
BUSINESS / Economy
Nov 13, 2023
Japan’s input inflation slows below 2% for first time since 2021
A measure of input prices for Japanese firms rose 0.8% from a year earlier, the slowest pace of growth since gains resumed in March 2021.

Longform

Rows of irises resemble a rice field at the Peter Walker-designed Toyota Municipal Museum of Art.
The 'outsiders' creating some of Japan's greenest spaces