Japan’s economy expanded by a slower-than-expected 2.4% (y-o-y) in Q3, according to the second estimate released on our survey deadline. This downgrade, which compared with a preliminary estimate of 2.6% […]
The government took a small step forward in its plan to reduce Japan’s debt burden after it proceeded with a much-discussed sales tax increase earlier this month. The levy, which […]
The yen has drifted between ¥96/US$ and ¥100/US$ in recent months, influenced by swings in investor sentiment linked to domestic fiscal reform and external risk developments (daily chart, next page). […]
The final release of Q2 GDP (on our deadline) indicated that a solid economic recovery is taking hold, after the preliminary figure of 0.6% (q-o-q) was revised up to 0.9%. […]
Latest monthly data proved upbeat after industrial production rose for the fourth consecutive month, consumer prices edged out of deflation for the first time in seven months and exports surged. […]
