Japan Economic Outlook
September 26, 2017Following a slowdown in private non-residential investment, growth in the second quarter was revised down to 2.5% in seasonally-adjusted annualized terms, significantly below the 4.0% figure reported in a preliminary estimate. Despite this revision, the print marked the fastest expansion since Q1 2015 and puts the economy on a steady track to recovery. The latest data suggests that healthy growth is being sustained in the third quarter. Machinery orders rebounded in July, and exports had the fastest pace of expansion in almost four years in August. Strong economic momentum and a splintered opposition compelled Prime Minister Shinzo Abe to hold snap elections on 22 October in a bid to consolidate his grip on power. Unlike in previous elections, the prime minister is not expected to postpone an unpopular 11% sales tax hike projected in 2019 to lower astronomical public debt, despite the adverse effects it could have on private consumption and economic growth.
Japan Economy Data
5 years of Japan economic forecasts for more than 30 economic indicators.
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
|Bond Yield||0.07||-1.52 %||Oct 13|
|Exchange Rate||111.9||-0.38 %||Oct 13|
|Stock Market||21,155||0.96 %||Oct 13|
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Japan Economic Growth
September 26, 2017Resilient global growth and improving domestic demand are propping up Japan’s economy this year. However, ongoing geopolitical tensions could lead the yen to appreciate, hurting the external sector. Met the why particular panelists see the economy growing 1.5% this year. For 2018, they see growth at 1.1%, which is up 0.1 percentage points from last month’s forecast.
Japan Economic News
September 21, 2017
The Bank of Japan left its monetary policy stance unchanged at its 20–21 September meeting, as expected by market analysts.
September 20, 2017
Nominal exports valued in yen increased 18.1% from the same month last year in August, following July’s 13.4% rise, overshooting the 14.7% increase that market analysts had expected.
September 11, 2017
Core machinery orders (a leading indicator of capital spending over a three- to six-month period) rebounded in July after contracting for three consecutive months.
September 8, 2017
The economy expanded at a weaker rate than previously reported in Q2, following a downward revision in domestic demand.
September 7, 2017
Consumer sentiment edged down from 43.8 in July to 43.3 in August.