Japan's Economic Indicator

November 2024 Industrial Production

Production indices decline due to reactionary decline in comparison to previous month, and production halts at motor vehicle factories, but underlying tone remains firm

November 2024 Consumer Price Index

Core CPI y/y growth rate expands for the first time in three months due to the reduction in electricity & gas subsidies

November 2024 Trade Statistics

While export value grows due to weak yen, export volume centering on motor vehicles suffers decline

October 2024 Machinery Orders

Private-sector demand (excluding ships and electric power) grows for the first time in four months with major growth in orders in manufacturing

BOJ December 2024 Tankan Survey

Results fail to provide supporting factor for additional interest rate hike by BOJ

Jul-Sep 2024 2nd Preliminary GDP Estimate

Real GDP result revised to +1.3% q/q annualized. Positive growth expected to continue in Oct-Dec period

October 2024 Industrial Production

Production of semiconductor manufacturing equipment increases significantly, and recovery production in motor vehicles continues

October 2024 Consumer Price Index

New core-core CPI y/y growth rate grows in comparison to previous month due partly to special factors

October 2024 Trade Statistics

Export value recovers with positive figures on a y/y basis due to favorable results for semicon machinery etc.

September 2024 Machinery Orders

Jul-Sep period private-sector demand (excluding ships and electric power) falls below expectations, declining for second consecutive quarter