CHINA+ DATA WRAP 1 DECEMBER 2023: Caixin PMI rises

China's erratic Caixin PMI rises
Korean exports are weaker than the headline figure
Japanese manufacturing falters 

Duncan WrigleyChina+

China+ Datanote: Flash PMI, Japan, November

Duncan WrigleyChina+

China+ Datanote: National CPI, Japan, October

Japan’s headline inflation rose for the first time in four months, driven by accelerating energy, services and fresh food inflation

Kelvin Lam (Senior China+ Economist)China+

CHINA+ DATA WRAP 24 NOVEMBER 2023

Japan’s headline inflation rose for the first time in four months, driven by accelerating energy, services and fresh food inflation

Japanese manufacturing activity is hit by fading demand and production

Services activity is holding up, despite sagging new export orders

Kelvin Lam (Senior China+ Economist)China+

CHINA+ DATA WRAP 16 NOVEMBER 2023

• Japan’s export growth moderated in October on softer demand from key markets
• China’s house price fall steepened in October, with renewed price fall observed in tier-one cities

Kelvin Lam (Senior China+ Economist)China+

CHINA+ DATA WRAP 15 NOVEMBER 2023: Chinese economy is steady in October

• Chinese domestic demand is buttressed by fiscal support
• Japan's weak Q3 GDP adds to the BoJ's headaches

Kelvin Lam (Senior China+ Economist)China+

CHINA+ DATA WRAP 7 NOVEMBER 2023: Chinese exports continue to fall

• Falling Chinese exports indicate weak global demand; Japanese wages pick up slightly

Kelvin Lam (Senior China+ Economist)China+

CHINA+ DATA WRAP 6 NOVEMBER 2023

• Japan's services sector is slowing

Kelvin Lam (Senior China+ Economist)China+

CHINA+ DATA WRAP 1 NOVEMBER 2023

• China’s manufacturing sector hit a soft patch in October
• Japan’s final PMI points to moderate activity decline
• Korean manufacturing PMI shows leading signs of stabilising demand
• Korean exports rise in October for the first time in 12 months, owing to base effects

Duncan WrigleyChina+

CHINA+ DATA WRAP 30 OCTOBER 2023

• The BoJ makes tweak to yield curve control policy, while expecting core inflation to fall in 2024
• China’s fall in manufacturing activity reinforces the need for continued economic support
• China’s infrastructure construction activity is holding up

Duncan WrigleyChina+

PM DATANOTE: BoJ Policy Decision, Japan, October

• The BoJ tweaks its yield curve control policy, aiming to keep supportive settings in place

Duncan WrigleyChina+

CHINA+ DATA WRAP 27 OCTOBER 2023: Tokyo CPI makes surprise jump in October

• The BoJ won't be budged by the uptick in the headline Tokyo CPI
• China’s industrial profits pick up, thanks to producer prices bottoming out and stimulus support

Duncan WrigleyChina+

PM Datanote: PM Datanote: Manufacturing PMI, Japan, October

• Japanese manufacturing activity continues to decline with no indication of an upturn in demand

Duncan WrigleyChina+

CHINA+ DATA WRAP 24 OCTOBER 2023: Japan's services sector slows

• Manufacturing continues to decline
• Service sector is hit by cooling foreign demand

Duncan WrigleyChina+

CHINA+ DATA WRAP 20 October 2023

• No change to the LPR rate as the PBoC monitors the impact of earlier targeted support
• Japan’s inflation falls to the lowest in 12 months, driven by slower core and energy inflation

Duncan WrigleyChina+

CHINA+ DATA WRAP 19 OCTOBER 2023: The BoK holds fast

• The BoK holds fast
• Japanese exports rebound
• Chinese home price fall continues

Duncan WrigleyChina+

CHINA+ DATA WRAP 6 OCTOBER 2023: Japanese wage growth remains dismal

• Japanese wage growth remains dismal

Duncan WrigleyChina+

CHINA+ DATA WRAP 4 OCTOBER 2023: Korean manufacturing still weak

• Korean manufacturing remains weak, despite a deceptive rise in the headline PMI
  Japan’s services sector expands at a slower pace

Duncan WrigleyChina+

CHINA+ DATA WRAP 2 OCTOBER 2023: Targeted stimulus props up China

• Targeted stimulus props up China's manufacturing sector
  China’s construction sector has revived
  Japan’s Tankan survey shows strong non-manufacturers' sentiment

Duncan WrigleyChina+

CHINA+ DATA WRAP 29 SEPTEMBER 2023: Tokyo CPI slowed in September

• Easing Tokyo CPI reinforces the case for the BoJ keeping the policy rate on hold

Kelvin Lam (Senior China+ Economist)China+