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MNI Japan Survey: Aug CPI, Spending, Jobs, Output, Retail

MNI (Singapore)
     TOKYO (MNI) - The following are the median forecasts for the key Japanese
data due in this week provided by economists surveyed by MNI.
Date           JST/GMT                 Data   Month   Median          Previous
------------------------------------------------------------------------------
Fri, Sep 29  0830/2330    National Core CPI     Aug      0.7  % y/y        0.5
Fri, Sep 29  0830/2330       Tokyo Core CPI     Sep      0.5  % y/y        0.4
Fri, Sep 29  0830/2330   Household Spending     Aug      1.1  % y/y       -0.2
Fri, Sep 29  0830/2330    Unemployment Rate     Aug      2.8      %        2.8
Fri, Sep 29  0850/2350    Industrial Output     Aug      1.9  % m/m       -0.8
Fri, Sep 29  0850/2350         Retail Sales     Aug      2.6  % y/y        1.8
Consumer Price Index (Excluding Fresh Food)
-------------------------------------------------------------------------
                                              National % y/y  Tokyo % y/y
Median Forecast                                          0.7          0.5
High Forecast                                            0.8          0.7
Low Forecast                                             0.6          0.3
Previous Month                                           0.5          0.4
Standard Deviation                                       0.1          0.1
No. of Responses                                          14           13
                                              National % y/y  Tokyo % y/y
Hamagin Research Institute                               0.8          0.6
Barclays Securities                                      0.8          0.5
NLI Research Institute                                   0.7          0.6
BNP Paribas                                              0.7          0.5
Dai-ichi Life Research Institute                         0.7          0.5
Mitsubishi UFJ Research and Consulting                   0.7          0.5
Mizuho Research Institute                                0.7          0.5
Morgan Stanley MUFG Securities                           0.7          0.5
Nomura Securities                                        0.7          0.5
Sumitomo Mitsui Asset Management                         0.7          0.3
Japan Research Institute                                 0.6          0.7
Norinchukin Research Institute                           0.6          0.5
SMBC Nikko Securities                                    0.6          0.5
Daiwa Institute of Research                              0.6           na
Real Spending (Households With Two Or More People)
----------------------------------------------------------------
                                                    Change y/y %
Median Forecast                                              1.1
High Forecast                                                2.3
Low Forecast                                                -0.6
Previous Month                                              -0.2
Standard Deviation                                           0.8
No. of Responses                                              14
                                                    Change y/y %
Norinchukin Research Institute                               2.3
Mizuho Research Institute                                    1.6
Nomura Securities                                            1.6
NLI Research Institute                                       1.4
Dai-ichi Life Research Institute                             1.3
Morgan Stanley MUFG Securities                               1.2
SMBC Nikko Securities                                        1.1
Sumitomo Mitsui Asset Management                             1.0
BNP Paribas                                                  0.9
Daiwa Institute of Research                                  0.8
Barclays Securities                                          0.4
Hamagin Research Institute                                  -0.3
Japan Research Institute                                    -0.4
Mitsubishi UFJ Research and Consulting                      -0.6
Unemployment Rate
--------------------------------------------
                                           %
Median Forecast                          2.8
High Forecast                            2.9
Low Forecast                             2.7
Previous Month                           2.8
Standard Deviation                       0.1
No. of Responses                          14
                                           %
Mitsubishi UFJ Research and Consulting   2.9
NLI Research Institute                   2.9
Daiwa Institute of Research              2.8
Barclays Securities                      2.8
BNP Paribas                              2.8
Dai-ichi Life Research Institute         2.8
Japan Research Institute                 2.8
Mizuho Research Institute                2.8
Morgan Stanley MUFG Securities           2.8
Nomura Securities                        2.8
Norinchukin Research Institute           2.8
SMBC Nikko Securities                    2.8
Hamagin Research Institute               2.7
Sumitomo Mitsui Asset Management         2.7
Preliminary  Industrial Production
-----------------------------------------------------
                                         Change m/m %
Median Forecast                                   1.9
High Forecast                                     3.0
Low Forecast                                      1.5
Previous Month                                   -0.8
Standard Deviation                                0.5
No. of Responses                                   14
                                         Change m/m %
NLI Research Institute                            3.0
Hamagin Research Institute                        2.7
Nomura Securities                                 2.5
Dai-ichi Life Research Institute                  2.4
Mitsubishi UFJ Research and Consulting            2.1
Japan Research Institute                          2.0
Mizuho Research Institute                         1.9
Norinchukin Research Institute                    1.8
Sumitomo Mitsui Asset Management                  1.8
Barclays Securities                               1.7
BNP Paribas                                       1.7
Daiwa Institute of Research                       1.6
Morgan Stanley MUFG Securities                    1.6
SMBC Nikko Securities                             1.5
Preliminary Retail Sales
-----------------------------------------------------
                                         Change y/y %
Median Forecast                                   2.6
High Forecast                                     4.4
Low Forecast                                      1.5
Previous Month                                    1.8
Standard Deviation                                0.9
No. of Responses                                   10
                                         Change y/y %
Nomura Securities                                 4.4
Dai-ichi Life Research Institute                  3.2
Morgan Stanley MUFG Securities                    3.2
NLI Research Institute                            3.0
BNP Paribas                                       2.6
Sumitomo Mitsui Asset Management                  2.5
Hamagin Research Institute                        2.0
Japan Research Institute                          1.9
Mitsubishi UFJ Research and Consulting            1.6
Mizuho Research Institute                         1.5
--MNI Beijing Bureau; tel: +86 (10) 8532-5998; email: beijing@mni-news.com
[TOPICS: MTABLE,MAJDA$,M$A$$$,M$J$$$]

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