Japan's Economic Indicator 2014

November Industrial Production

Results fall below market consensus, but production plans are firming up

November Trade Statistics

Weak yen pushes up value of both imports and exports

BOJ December 2014 Tankan Survey

Business sentiment marking time; forecast cautious

October Machinery Orders

Orders suffer first decline in five months, but on average, upward movement continues

Jul-Sep 2014 2nd Preliminary GDP Estimate

Downward revision betrays hopes, falls below market consensus

October Industrial Production

Both performance and outlook positive; production making a comeback

October Trade Statistics

Export volume shows signs of comeback; care should be taken regarding slowdown in overseas economies

Jul-Sep 2014 1st Preliminary GDP Estimate

Negative growth completely outside expectations

September Machinery Orders

Both manufacturing and non-manufacturing sectors show good results

September Industrial Production

Positive results exceed market consensus; hopes high for a comeback

September Trade Statistics

Export volume marks time; weak yen bolsters export value growth trend

August Machinery Orders

Orders continue to work toward comeback

BOJ September 2014 Tankan Survey

Recovery in business sentiment falls behind; forecast cautious

August Industrial Production

Industrial production continues to decline, falls below market consensus

August Trade Statistics

Exports slow to recover

July Machinery Orders

Orders show signs of a comeback, though lacking somewhat in vigor

Apr-Jun 2014 2nd Preliminary GDP Estimate

Capex revised downwards and inventory investment revised upwards

July Industrial Production

Improvement seen for first time in two months, but overall trend is toward decline. Comeback seen in future

July Trade Statistics

Trade deficit shrinks slightly; export volume remains stagnant

June Machinery Orders

Extent of growth limited, but gradual recovery seen

Apr-Jun 2014 1st Preliminary GDP Estimate

Major negative growth due to reactionary decline in consumption

June Industrial Production

Results fall below consensus producing negative outcome

June Trade Statistics

Trade deficit grows due to recovery for imports

May Machinery Orders

Orders fall well below market expectations in negative tone

BOJ June 2014 Tankan Survey

Business sentiment suffers from reactionary decline after tax hike; capex forecast revised upwards

May Industrial Production

Growth achieved for first time in two months, but production headed for slowdown

May Trade Statistics

Export volume declines for first time in 2-months, imports also continue to decline

April Machinery Orders

Rate of decline slight, no change in positive tone

Jan-Mar 2014 2nd Preliminary GDP Estimate

Capex revised upwards, exceeding expectations

April Industrial Production

Production slows momentarily, but is expected to retain strong undertone

April Trade Statistics

Export volume grows for first time in 2-months, imports decline sharply as effects of last minute demand wear off

March Machinery Orders

Strong results exceed market expectations – outlook solid

Jan-Mar 2014 First Preliminary GDP Estimate

High growth achieved due to last minute demand; growth rate same as during previous tax hike

March Industrial Production

Production declines temporarily

March Trade Statistics

Export volume continues to Fluctuate

February Machinery Orders

Orders expected to remain stagnant in Jan-Mar period, but growth trend seen returning in Apr-Jun

BOJ March 2014 Tankan Survey

Business conditions DI broadly improves, but major decline seen due to increase in consumption tax

February Industrial Production

Production suffers downturn due to major snowstorms

February Trade Statistics

Export volume achieves m/m growth for first time in 3 months. Trade deficit shrinks considerably

January Machinery Orders

Growth expected to continue through the Jan-Mar period

Oct-Dec 2013 2nd Preliminary GDP Estimate

Results fall below market outlook, but no surprises

January Industrial Production

Growth high in anticipation of last minute demand, but declines expected in March

January Trade Statistics

Export volume falls below expectations, while trade deficit hits historic high on a single month basis

Oct-Dec 2013 First Preliminary GDP Estimate

Results not bad despite underperforming market outlook

December Machinery Orders

Both Manufacturing and Non-Manufacturing Orders Suffer Major Declines, Falling Below Market Expectations

December Industrial Production

Gains seen in wide range of industries; plans for major production increases in response to last minute demand

December Trade Statistics

Export volume fell first time in 3 months, while 2013 trade deficit hit historic high

November Machinery Orders

Both Manufacturing and Non-Manufacturing Orders Reported Strong Results, Exceeding Market Consensus by a Wide Margin