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MNI Japan Survey: June CPI, Spending, Jobs and Retail Sales

MNI (Singapore)
     TOKYO (MNI) - The following are the median forecasts for the key Japanese
data due this week provided by economists surveyed by MNI.
Date           JST/GMT                 Data   Month   Median          Previous
------------------------------------------------------------------------------
Fri, Jul 28  0830/2330    National Core CPI    June      0.4  % y/y        0.4
Fri, Jul 28  0830/2330       Tokyo Core CPI    July      0.1  % y/y        0.0
Fri, Jul 28  0830/2330   Household Spending    June      0.5  % y/y       -0.1
Fri, Jul 28  0830/2330    Unemployment Rate    June      3.0      %        3.1
Fri, Jul 28  0850/2350         Retail Sales    June      2.3  % y/y        2.1
Consumer Price Index (Excluding Fresh Food)
-------------------------------------------------------------------------
                                              National % y/y  Tokyo % y/y
Median Forecast                                          0.4          0.1
High Forecast                                            0.6          0.2
Low Forecast                                             0.3          0.0
Previous Month                                           0.4          0.0
Standard Deviation                                       0.1          0.1
No. of Responses                                          14           13
                                              National % y/y  Tokyo % y/y
Mitsubishi UFJ Research and Consulting                   0.6          0.2
Norinchukin Research Institute                           0.5          0.1
Daiwa Institute of Research                              0.5           na
Japan Research Institute                                 0.4          0.2
Morgan Stanley MUFG Securities                           0.4          0.2
Barclays Securities                                      0.4          0.1
BNP Paribas                                              0.4          0.1
Dai-ichi Life Research Institute                         0.4          0.1
Hamagin Research Institute                               0.4          0.1
NLI Research Institute                                   0.4          0.1
SMBC Nikko Securities                                    0.4          0.1
Nomura Securities                                        0.4          0.0
Sumitomo Mitsui Asset Management                         0.4          0.0
Mizuho Research Institute                                0.3          0.1
Real Spending (Households With Two Or More People)
----------------------------------------------------------------
                                                    Change y/y %
Median Forecast                                              0.5
High Forecast                                                2.1
Low Forecast                                                -0.1
Previous Month                                              -0.1
Standard Deviation                                           0.6
No. of Responses                                              14
                                                    Change y/y %
Nomura Securities                                            2.1
SMBC Nikko Securities                                        1.4
Sumitomo Mitsui Asset Management                             0.9
Norinchukin Research Institute                               0.8
Mitsubishi UFJ Research and Consulting                       0.7
Daiwa Institute of Research                                  0.6
Dai-ichi Life Research Institute                             0.5
Mizuho Research Institute                                    0.5
Morgan Stanley MUFG Securities                               0.4
Barclays Securities                                          0.3
Japan Research Institute                                     0.1
Hamagin Research Institute                                   0.0
NLI Research Institute                                       0.0
BNP Paribas                                                 -0.1
Unemployment Rate
--------------------------------------------
                                           %
Median Forecast                          3.0
High Forecast                            3.1
Low Forecast                             2.9
Previous Month                           3.1
Standard Deviation                       0.1
No. of Responses                          14
                                           %
Japan Research Institute                 3.1
Barclays Securities                      3.0
Dai-ichi Life Research Institute         3.0
Daiwa Institute of Research              3.0
Mitsubishi UFJ Research and Consulting   3.0
Mizuho Research Institute                3.0
Nomura Securities                        3.0
Norinchukin Research Institute           3.0
SMBC Nikko Securities                    3.0
BNP Paribas                              2.9
Hamagin Research Institute               2.9
Morgan Stanley MUFG Securities           2.9
NLI Research Institute                   2.9
Sumitomo Mitsui Asset Management         2.9
Preliminary Retail Sales
-----------------------------------------------------
                                         Change y/y %
Median Forecast                                   2.3
High Forecast                                     2.8
Low Forecast                                      0.1
Previous Month                                    2.1
Standard Deviation                                0.8
No. of Responses                                   10
                                         Change y/y %
Mitsubishi UFJ Research and Consulting            2.8
Sumitomo Mitsui Asset Management                  2.6
Morgan Stanley MUFG Securities                    2.5
Nomura Securities                                 2.5
BNP Paribas                                       2.3
Hamagin Research Institute                        2.3
NLI Research Institute                            2.3
Mizuho Research Institute                         2.1
Dai-ichi Life Research Institute                  1.9
Japan Research Institute                          0.1
--MNI Beijing Bureau; tel: +86 (10) 8532-5998; email: beijing@mni-news.com
[TOPICS: MTABLE,M$A$$$,M$J$$$]

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