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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 Oct 2022 that "The Japanese economy is picking up moderately. Concerning short-term prospects, the economy is expected to show movements of picking up, supported by the effects of the policies as the transition to a new phase of the "new normal" is underway. 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 16 November 2022

Q2 2022

Real GDP Growth

0.9

QOQ  +0.8 Points

Annualized Rate

3.5

QOQ  +3.3points

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

Unemployment Rate 16 November 2022

Sep 2022

Unemployment Rate

2.6

MOM  +0.1 Points

Unemployment

1.87 million

MOM  +10 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 16 November 2022

3.3 Japanese Yen Exchange Rate (Monthly-Average)

US Dollar/Japanese Yen

Oct 2022 (Monthly-Average)

USD/JPY 147.19

Euro/Japanese Yen

Oct 2022 (Monthly-Average)

EUR/JPY 144.86

Chinese Renminbi/Japanese Yen

Oct 2022 (Monthly-Average)

CNY/JPY 20.46

South Korean Won/Japanese Yen

Oct 2022 (Monthly-Average)

100KRW/JPY 10.32

CPI 16 November 2022

Sep 2022

103.1

MOM  +0.4 Points

3.4 Consumer Price Index

Index related to consuming activities 16 November 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)