East Asia Econ

Japan – more subdued

Japan – wages jump in April

Japan – Ueda upbeat

Japan – profits up, labour share down

Japan – high CPI, tight labour market, weak spending

Japan – SPPI shows solid underlying inflation

Japan – headline inflation up, core stable for now

Japan – not bad, but still uncertain

Japan – details better, but headline GDP already declining

Japan – sentiment takes another step down

Japan – wage growth down, waiting for April

Japan – uncertain outlook, but not giving up on wages

Japan – tariffs matter, but so does inflation

Japan – broad-based inflation

Japan – four reason why the JPY hasn't helped exports

Japan – CPI mixed, but part-time wages up

Japan – inflation risk from PPI and consumer expectations

Japan – Tankan shows inflation pressure increasing

Japan – Tankan keeps May alive

Japan – more talk of upside risks to inflation

Public Post

Japan – inflation risks skewed to the upside

Today's shunto 2025 results are constructive, but not a game changer. Upside risks from other dynamics are bigger: part-time wages, the output gap, inflation expectations, processed food prices, rent, and pent-up inflation pressure in both PPI and public services prices.

Japan – labour market tightness and higher PPI

Japan – higher expectations for inflation, but not growth

Japan – wage growth solid, but activity weaker in Q1

Japan – output gap less negative than it looks