Japan GDP Jumps 3.5% On Year In Q2
(RTTNews) - Japan's gross domestic product expanded an annualized 3.5 percent on year in the second quarter of 2022, the Cabinet Office said on Thursday - beating expectations for a gain of 2.9 percent and up from 0.1 percent in the previous three months.
On a seasonally adjusted quarterly basis, GDP climbed 0.9 percent - again beating forecasts for 0.7 percent following the flat reading in the three months prior.
Capital expenditure was up 2.0 percent on quarter, beating forecasts for an increase of 1.8 percent after contracting 0.7 percent in Q1.
External demand rose 0.1 percent on quarter versus expectations for a flat reading after falling 0.5 percent in the previous quarter.
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Japan Manufacturing PMI Sinks To 48.8 In January - Jibun
The manufacturing sector in Japan continued to contract in January, and at a faster pace, the latest survey from Jibun Bank revealed on Friday with a manufacturing PMI score of 48.8.
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Japan Has Y130.936 Billion Trade Surplus
Japan posted a seasonally adjusted merchandise trade surplus of 130.936 billion yen in December, the Ministry of Finance said on Thursday.
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Japan Core Machinery Orders Growth Accelerates
Japan's core machinery orders growth accelerated in November, reflecting an increase in capital expenditure, official data revealed Monday. Core machinery orders increased 3.4 percent on a monthly basis, faster than the 2.1 percent increase in October, data from the Cabinet Office showed on Monday. Moreover, this was the second consecutive increase and confounded expectations for a decline.
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Japan Core Machinery Orders Rise 3.4% In November
The value of core machinery orders in Japan was up a seasonally adjusted 3.4 percent on month in November, the Cabinet Office said on Monday - coming in at 899.6 billion yen.
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Japan Producer Prices Rise 0.3% In December
Producer prices in Japan were up 0.3 percent on month in December, the Bank of Japan said on Thursday.
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Japan M2 Money Stock Rises 1.3% On Year In December
The M2 money stock in Japan was up 3.2 percent on year in December, the Bank of Japan said on Wednesday - coming in at 1,257.7 trillion yen.
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Japan Household Spending Slips 0.4% On Year In November
The average of household spending in Japan was down 0.4 percent on year in November, the Ministry of Internal Affairs and Communications said on Friday - coming in at 295,518 yen.
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Japan Monetary Base Drops 1.0% On Year In December
The monetary base in Japan was down 1.0 percent on year in December, the Bank of Japan said on Tuesday - coming in at 658.524trillion yen.
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