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Japanese Economic Trend

Japan economic activity covering production, distribution, consumption and trade of goods and services including GDP Growth Rate and Exchange Rate.

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  • The Japanese government offered the assessment in its Monthly Economic Report for June 2022 that " The Japanese economy shows movements of picking up. Concerning short-term prospects, the economy is expected to show movements of picking up, supported by the effects of the policies while all possible measures are being taken against infectious diseases, and economic and social activities proceed to normalization. However, full attention should be given to the downside risks due to rising raw material prices, supply-side constraints and fluctuations in the financial and capital markets while there are concerns regarding the effects of lengthening the state of affairs of Ukraine and suppression of economic activities in China"

GDP Growth Rate 14 July 2022

Q1 2022

Real GDP Growth

-0.1

QOQ  -1.1 Points

Annualized Rate

-0.5

QOQ  -4.5points

3.1 Gross Domestic Product: Quarter on Quarter (Real/Seasonally Adjusted)

Unemployment Rate 14 July 2022

Dec 2022

Unemployment Rate

2.7

MOM  -0.1 Points

Unemployment

1.71 million

MOM  -11 million

3.2 Unemployment Rate

Source : Statistics Bureau, Ministry of Internal Affairs and Communications "Labour Force Survey"
*Unemployed rate are seasonally adjusted series and unemployed person are original series.

Exchange Rate 14 July 2022

3.3 Japanese Yen Exchange Rate (Monthly-Average)

US Dollar/Japanese Yen

Dec 2022 (Monthly-Average)

USD/JPY 113.88

Euro/Japanese Yen

Dec 2022 (Monthly-Average)

EUR/JPY 128.70

Chinese Renminbi/Japanese Yen

Dec 2022 (Monthly-Average)

CNY/JPY 17.87

South Korean Won/Japanese Yen

Dec 2022 (Monthly-Average)

100KRW/JPY 9.64

CPI 14 July 2022

Dec 2022

100.1

MOM  +0.0 Points

3.4 Consumer Price Index

Index related to consuming activities 14 July 2022

3.5 Consumption Expenditure per Household Annual

Source : Statistics Bureau, Ministry of Internal Affairs and Communications "Family Income and Expenditure Survey"
*Yearly Average of Monthly Income and Expenditure per Household - Workers' households containing over 2 adults (2000~2016)
*The data is including agricultural, forestry and fisheries households.

3.6 Consumption expenditures on Travel & Communication Annual

Source : Statistics Bureau, Ministry of Internal Affairs and Communications "Family Income and Expenditure Survey"
*Yearly Average of Monthly Income and Expenditure per Household - Workers' households containing over 2 adults (2000~2016)
*The data is including agricultural, forestry and fisheries households.

3.7 Sales of Department Stores (Nationwide)

3.8 Wholesale Price of Unleaded Gasoline by Month (National Average)

Source : Agency for Natural Resources and Energy
Wholesale price for major oil companies' gas station (Without Consumption Tax)