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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 September 2021 that "The Japanese economy remains in picking up, although the pace has weakened in a severe situation due to the Novel Coronavirus (COVID-19)." Concerning short-term prospects, the government showed its opinion that " the economy is expected to show movements of picking up, supported by the effects of the policies and improvement in overseas economies while taking measures to prevent the spread of infectious diseases, and accelerating vaccinations. However, full attention should be given to the further increase in downside risks due to the situation of infections in domestic and overseas and negative effects through the supply chains. Also attention should be given to the effects of fluctuations in the financial and capital markets."

GDP Growth Rate 13 October 2021

Q2 2021

Real GDP Growth

0.5

QOQ  +1.6 Points

Annualized Rate

1.9

QOQ  +6.1points

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

Unemployment Rate 13 October 2021

Aug 2021

Unemployment Rate

2.8

MOM  +0.0 Points

Unemployment

1.93 million

MOM  +2 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 13 October 2021

3.3 Japanese Yen Exchange Rate (Monthly-Average)

US Dollar/Japanese Yen

Sep 2021 (Monthly-Average)

USD/JPY 110.17

Euro/Japanese Yen

Sep 2021 (Monthly-Average)

EUR/JPY 129.80

Chinese Renminbi/Japanese Yen

Sep 2021 (Monthly-Average)

CNY/JPY 17.07

South Korean Won/Japanese Yen

Sep 2021 (Monthly-Average)

100KRW/JPY 9.42

CPI 13 October 2021

Aug 2021

99.7

MOM  +0.0 Points

3.4 Consumer Price Index

Index related to consuming activities 13 October 2021

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)