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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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FEATURED

  • The Japanese government offered the assessment in its Monthly Economic Report for Mar 2023 that "The Japanese economy is picking up moderately, although some weaknesses are seen. Concerning short-term prospects, the economy is expected to show movements of picking up, supported by the effects of the policies, under the "new normal". However, slowing down of overseas economies is downside risk of the Japanese economy, amid ongoing global monetary tightening and other factors. Also, full attention should be given to price increases, supply-side constraints and fluctuations in the financial and capital markets."

GDP Growth Rate 17 May 2023

Q4 2022

Real GDP Growth

0.0

QOQ  +0.3 Points

Annualized Rate

0.1

QOQ  +1.2points

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

Unemployment Rate 17 May 2023

Mar 2023

Unemployment Rate

2.8

MOM  +0.2 Points

Unemployment

1.93 million

MOM  +19 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 17 May 2023

3.3 Japanese Yen Exchange Rate (Monthly-Average)

US Dollar/Japanese Yen

Apr 2023 (Monthly-Average)

USD/JPY 133.40

Euro/Japanese Yen

Apr 2023 (Monthly-Average)

EUR/JPY 146.17

Chinese Renminbi/Japanese Yen

Apr 2023 (Monthly-Average)

CNY/JPY 19.36

South Korean Won/Japanese Yen

Apr 2023 (Monthly-Average)

100KRW/JPY 10.10

CPI 17 May 2023

Mar 2023

104.4

MOM  +0.4 Points

3.4 Consumer Price Index

Index related to consuming activities 17 May 2023

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)