Economy in Brief: 2014

The consumer price index gained 0.1% during September (1.7% y/y) following an unrevised 0.2% August decline. The rise matched expectations in the Action Economics Forecast Survey. Consumer prices excluding food and energy also ticked [...]

Japan's trade position remained in substantial deficit in September, as exports and imports both showed some life in September. Goods-exports increased by 3.1% and were surpassed by the 5% growth rate for goods-imports. Over three [...]

The Mortgage Bankers Association reported that their total Mortgage Market Volume Index surged 11.6% last week (-9.1% y/y) following two week's of moderate increase. Applications to refinance an existing loan jumped by roughly one- [...]

The consumer price index gained 0.1% during September (1.7% y/y) following an unrevised 0.2% August decline. The rise matched expectations in the Action Economics Forecast Survey. Consumer prices excluding food and energy also ticked [...]

The consumer price index gained 0.1% during September (1.7% y/y) following an unrevised 0.2% August decline. The rise matched expectations in the Action Economics Forecast Survey. Consumer prices excluding food and energy also ticked [...]

Sales of existing single-family homes rose 2.4% to 5.170 million (AR, -1.7%) during September from an unrevised 5.050 million in August. Sales were 3.9% below the peak reached last July. The latest level beat expectations for 5.10 [...]

The International Council of Shopping Centers and Goldman Sachs reported that chain store sales declined 0.3% last week following a 0.7% decline during the prior week. As a result of weekly sales weakness, the y/y gain halved to 2.1%. [...]

Japan's economy continues to be weak. The government has downgraded its assessment of the economy. The Bank of Japan has downgraded one of its regions. The government is undergoing pressure as two ministers having just resigned under [...]