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Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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Real-time insight on key fixed income and fx markets.
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Global Macro
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Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
MNI DATA SURVEY: Japan Jan Output, Retail, Jobs, Feb Tokyo CPI
TOKYO (MNI) - The following are the median forecasts from MNI's economist
survey for key Japanese data due in this week.
Date JST/GMT Data Month Median Previous
-------------------------------------------------------------------------
Thu, Feb 28 0850/2350 Industrial Output Jan -2.6 % m/m -0.1
Thu, Feb 28 0850/2350 Retail Sales Jan 1.0 % y/y 1.3
Fri, Mar 1 0830/2330 Tokyo Core CPI Feb 1.0 % y/y 1.1
Fri, Mar 1 0830/2330 Unemployment Rate Jan 2.4 % 2.4
Preliminary Industrial Production
----------------------------------------------------
Change m/m %
Median Forecast -2.6
High Forecast -2.3
Low Forecast -3.3
Previous Month -0.1
Standard Deviation 0.3
No. of Responses 13
Change m/m %
Hamagin Research Institute -2.3
Japan Research Institute -2.3
Sumitomo Mitsui Asset Management -2.3
Morgan Stanley MUFG Securities -2.5
Nomura Securities -2.5
Norinchukin Research Institute -2.5
Dai-ichi Life Research Institute -2.6
Mitsubishi UFJ Research and Consulting -2.6
Daiwa Institute of Research -2.7
Mizuho Research Institute -2.8
SMBC Nikko Securities -2.8
NLI Research Institute -3.0
BNP Paribas -3.3
Preliminary Retail Sales
----------------------------------------------------
Change y/y %
Median Forecast 1.0
High Forecast 2.7
Low Forecast -1.8
Previous Month 1.3
Standard Deviation 1.3
No. of Responses 9
Change y/y %
Nomura Securities 2.7
Dai-ichi Life Research Institute 1.6
NLI Research Institute 1.6
Mizuho Research Institute 1.1
Mitsubishi UFJ Research and Consulting 1.0
Sumitomo Mitsui Asset Management 0.8
Morgan Stanley MUFG Securities 0.6
Hamagin Research Institute -0.3
BNP Paribas -1.8
Consumer Price Index (Excluding Fresh Food)
--------------------------------------------------------
Tokyo % y/y
Median Forecast 1.0
High Forecast 1.1
Low Forecast 0.8
Previous Month 1.1
Standard Deviation 0.1
No. of Responses 12
Tokyo % y/y
Japan Research Institute 1.1
Mitsubishi UFJ Research and Consulting 1.1
Sumitomo Mitsui Asset Management 1.1
Dai-ichi Life Research Institute 1.0
Hamagin Research Institute 1.0
Mizuho Research Institute 1.0
Morgan Stanley MUFG Securities 1.0
NLI Research Institute 1.0
Nomura Securities 1.0
Norinchukin Research Institute 1.0
SMBC Nikko Securities 1.0
BNP Paribas 0.8
Unemployment Rate (Seasonally Adjusted)
--------------------------------------------
%
Median Forecast 2.4
High Forecast 2.5
Low Forecast 2.4
Previous Month 2.4
Standard Deviation 0.1
No. of Responses 13
%
BNP Paribas 2.5
Daiwa Institute of Research 2.5
Mitsubishi UFJ Research and Consulting 2.5
Nomura Securities 2.5
Norinchukin Research Institute 2.5
Dai-ichi Life Research Institute 2.4
Hamagin Research Institute 2.4
Japan Research Institute 2.4
Mizuho Research Institute 2.4
Morgan Stanley MUFG Securities 2.4
NLI Research Institute 2.4
SMBC Nikko Securities 2.4
Sumitomo Mitsui Asset Management 2.4
--MNI Beijing Bureau; tel: +86 (10) 8532-5998; email: flora.guo@marketnews.com
[TOPICS: MTABLE,MAJDA$,M$A$$$,M$J$$$]
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.