Population in Japan
Japan - PopulationRecently released GDP data corroborates that growth momentum strengthened in Q1, as private consumption accelerated following Q4’s nearly flat reading. Moreover, the external sector continued to look healthy, on the back of a competitive yen and robust global demand. Nevertheless, subdued wage gains, coupled with a resurfacing of inflation, are still eroding households’ purchasing power, dashing any hope of achieving a sustainable growth trajectory in the near term. In the political arena, Prime Minister Shinzo Abe is facing resistance from his own party in his attempt to revise Japan’s constitution by 2020. The famous Article 9, which enshrines in law the country’s pacifist stance, is proving to be a particular bone of contention. Abe’s intention to provide the Self-Defense Forces with greater legal backing has the potential to fan political unrest in the region.
Japan - Population Data
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||0.06||1.82 %||Jun 16|
|Exchange Rate||110.9||-0.06 %||Jun 16|
|Stock Market||19,943||0.56 %||Jun 16|
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June 23, 2017
The Nikkei Flash Manufacturing Purchasing Managers’ Index (PMI) fell from May’s revised 53.1 (previously reported: 52.0) to 52.0 in June.
June 19, 2017
Nominal exports valued in yen increased 14.9% from the same month last year in May, following April’s 7.5% increase.
June 16, 2017
The Bank of Japan (BoJ) maintained its monetary policy stance at its 15–16 June meeting, voting to continue with its Quantitative and Qualitative Monetary Easing (QQE) with Yield Curve Control program as long as is necessary to achieve and maintain its 2.0% inflation target.
June 12, 2017
Core machinery orders (a leading indicator of capital spending over a three- to six-month period) declined for the first time in three months in April, casting doubts on the robustness of firms’ capital spending.
June 8, 2017
The Japanese economy expanded at a weaker rate than previously reported in Q1, as private consumption growth was slower than in the initial estimate and inventories recorded a sizeable drop, according to revised data released on 8 June.