Economic Calendar and indicators of Japan

Overview

Indicator Last Reference Previous Frequency
GDP q/q 0.6% 4 Q 2024 0.7% Quarterly
Unemployment Rate 2.4% Feb 2025 2.5% Monthly
CPI y/y 3.6% Mar 2025 3.7% Monthly
BoJ Interest Rate Decision 0.5% 0.5%
Trade Balance ¥​544.1 B Mar 2025 ¥​590.5 B Monthly

Economic Calendar

Time,
Currency
Event
Actual
Forecast
Previous
2025.04.24 23:30, JPY, Tokyo CPI y/y, Actual: 3.5%, Forecast: 3.5%, Previous: 2.9%
2025.04.24 23:30, JPY, Tokyo CPI excl. Food and Energy y/y, Actual: 3.1%, Forecast: 2.4%, Previous: 2.2%
2025.04.24 23:30, JPY, Tokyo Core CPI y/y, Actual: 3.4%, Forecast: 2.6%, Previous: 2.4%
2025.04.24 23:30, JPY, Tokyo CPI s.a. m/m, Actual: 0.4%, Previous: 0.3%
2025.04.25 19:30, JPY, CFTC JPY Non-Commercial Net Positions, Actual: 177.8 K, Previous: 171.9 K
2025.04.29 00:00, JPY, Shōwa Day
2025.04.29 23:50, JPY, Retail Sales m/m, Forecast: -0.8%, Previous: 0.5%
2025.04.29 23:50, JPY, Retail Sales y/y, Forecast: 2.8%, Previous: 1.4%
2025.04.29 23:50, JPY, Large Retailer's Sales y/y, Forecast: 2.4%, Previous: 0.6%
2025.04.29 23:50, JPY, Industrial Production m/m, Forecast: 1.2%, Previous: 2.3%
2025.04.29 23:50, JPY, Industrial Production y/y, Forecast: -3.6%, Previous: 0.1%
2025.04.29 23:50, JPY, Industrial Production Forecast 1-month Ahead m/m, Previous: 0.6%
2025.04.29 23:50, JPY, Industrial Production Forecast 2-month Ahead m/m, Previous: 0.1%
2025.04.30 05:00, JPY, Coincident Index, Forecast: 116.9, Previous: 116.9
2025.04.30 05:00, JPY, Leading Index, Forecast: 107.9, Previous: 107.9
2025.04.30 05:00, JPY, Coincident Index m/m, Previous: 0.8%
2025.04.30 05:00, JPY, Leading Index m/m, Previous: -0.3%
2025.04.30 05:00, JPY, Construction Orders y/y, Forecast: -14.4%, Previous: -3.3%
2025.04.30 05:00, JPY, Housing Starts y/y, Forecast: 0.6%, Previous: 2.4%
2025.04.30 05:00, JPY, Annualized Housing Starts, Previous: 0.805 M
2025.05.01 00:30, JPY, au Jibun Bank Manufacturing PMI, Forecast: 48.7, Previous: 48.3
2025.05.01 02:30, JPY, BoJ Monetary Policy Statement
2025.05.01 02:30, JPY, BoJ Outlook Report
2025.05.01 02:30, JPY, BoJ Interest Rate Decision, Previous: 0.5%
2025.05.01 05:00, JPY, Consumer Confidence Index, Forecast: 33.9, Previous: 34.1
2025.05.01 06:30, JPY, BoJ Press Conference
2025.05.01 23:30, JPY, Unemployment Rate, Forecast: 2.5%, Previous: 2.4%
2025.05.01 23:30, JPY, Jobs to Applicants Ratio, Forecast: 1.25, Previous: 1.24
2025.05.01 23:50, JPY, BoJ Monetary Base y/y, Forecast: -2.5%, Previous: -3.1%
2025.05.01 23:50, JPY, Foreign Bond Investment, Previous: ¥​223.7 B
2025.05.01 23:50, JPY, Foreign Investment in Japan Stocks, Previous: ¥​705.6 B
2025.05.02 19:30, JPY, CFTC JPY Non-Commercial Net Positions, Previous: 177.8 K
2025.05.03 00:00, JPY, Constitution Memorial Day
2025.05.04 00:00, JPY, Greenery Day

Economic indicators

Market Last Reference Previous Frequency
10-Year JGB Auction 1.405% 1.404%
30-Year JGB Auction 2.414% 2.500%
CFTC JPY Non-Commercial Net Positions 177.8 K 22 Apr 2025 171.9 K Weekly
GDP Last Reference Previous Frequency
GDP q/q 0.6% 4 Q 2024 0.7% Quarterly
GDP y/y 2.2% 4 Q 2024 2.8% Quarterly
Net Exports Contribution to GDP q/q 0.7% 4 Q 2024 0.7% Quarterly
Private Consumption q/q 0.0% 4 Q 2024 0.1% Quarterly
Private Non-Residential Investment q/q 0.6% 4 Q 2024 0.5% Quarterly
Labor Last Reference Previous Frequency
Jobs to Applicants Ratio 1.24 Feb 2025 1.26 Monthly
Labor Cash Earnings y/y 3.1% Feb 2025 1.8% Monthly
Overtime Pay y/y 2.2% Feb 2025 1.5% Monthly
Real Wage y/y -1.2% Feb 2025 -2.8% Monthly
Unemployment Rate 2.4% Feb 2025 2.5% Monthly
Prices Last Reference Previous Frequency
BoJ Corporate Goods Price Index m/m 0.4% Mar 2025 0.2% Monthly
BoJ Corporate Goods Price Index y/y 4.2% Mar 2025 4.1% Monthly
BoJ Corporate Services Price Index y/y 3.1% Mar 2025 3.2% Monthly
BoJ Trimmed Mean Core CPI y/y 2.2% Mar 2025 2.2% Monthly
BoJ Weighted Median Core CPI y/y 1.4% Mar 2025 1.4% Monthly
CPI excl. Food and Energy y/y 2.9% Mar 2025 2.6% Monthly
CPI s.a. m/m 0.3% Mar 2025 -0.1% Monthly
CPI y/y 3.6% Mar 2025 3.7% Monthly
Core CPI y/y 3.2% Mar 2025 3.0% Monthly
GDP Price Index y/y 2.9% 4 Q 2024 2.8% Quarterly
Tokyo CPI excl. Food and Energy y/y 3.1% Apr 2025 2.2% Monthly
Tokyo CPI s.a. m/m 0.4% Apr 2025 0.3% Monthly
Tokyo CPI y/y 3.5% Apr 2025 2.9% Monthly
Tokyo Core CPI y/y 3.4% Apr 2025 2.4% Monthly
Money Last Reference Previous Frequency
BoJ Interest Rate Decision 0.5% 0.5%
BoJ L Money Stock y/y 3.2% Mar 2025 3.3% Monthly
BoJ M2 Money Stock y/y 0.8% Mar 2025 1.2% Monthly
BoJ M3 Money Stock y/y 0.4% Mar 2025 0.7% Monthly
BoJ Monetary Base y/y -3.1% Mar 2025 -1.8% Monthly
Economy Watchers Index for Current Conditions 45.1 Mar 2025 45.6 Monthly
Economy Watchers Index for Future Conditions 45.2 Mar 2025 46.6 Monthly
International Reserves $​1272.5 B Mar 2025 $​1253.3 B Monthly
Trade Last Reference Previous Frequency
Adjusted Current Account ¥​2316.8 B Feb 2025 ¥​1947.0 B Monthly
Adjusted Trade Balance ¥​-233.6 B Mar 2025 ¥​191.4 B Monthly
Current Account n.s.a. ¥​4060.7 B Feb 2025 ¥​-248.1 B Monthly
Exports y/y 3.9% Mar 2025 11.4% Monthly
Goods Trade Balance ¥​712.9 B Feb 2025 ¥​-2937.9 B Monthly
Imports y/y 2.0% Mar 2025 -0.7% Monthly
Trade Balance ¥​544.1 B Mar 2025 ¥​590.5 B Monthly
Government Last Reference Previous Frequency
BoJ Bank Lending y/y 2.8% Mar 2025 3.0% Monthly
Foreign Bond Investment ¥​223.7 B 19 Apr 2025 ¥​-511.9 B Weekly
Foreign Investment in Japan Stocks ¥​705.6 B 19 Apr 2025 ¥​1044.9 B Weekly
Business Last Reference Previous Frequency
All Industry Activity Index m/m 1.3% Jul 2020 6.8% Monthly
BSI Large Manufacturing -2.4 1 Q 2025 6.3 Quarterly
BoJ Tankan Large All Industry Capex 3.1% 1 Q 2025 11.3% Quarterly
BoJ Tankan Large Manufacturing Index 12 1 Q 2025 14 Quarterly
BoJ Tankan Large Manufacturing Outlook 12 1 Q 2025 13 Quarterly
BoJ Tankan Large Non-Manufacturing Index 35 1 Q 2025 33 Quarterly
BoJ Tankan Large Non-Manufacturing Outlook 28 1 Q 2025 28 Quarterly
BoJ Tankan Small All Industry Capex -10.0% 1 Q 2025 4.0% Quarterly
BoJ Tankan Small Manufacturing Index 2 1 Q 2025 1 Quarterly
BoJ Tankan Small Manufacturing Outlook -1 1 Q 2025 0 Quarterly
BoJ Tankan Small Non-Manufacturing Index 16 1 Q 2025 16 Quarterly
BoJ Tankan Small Non-Manufacturing Outlook 9 1 Q 2025 8 Quarterly
Capacity Utilization Rate -1.1% Feb 2025 4.5% Monthly
Capital Spending y/y -0.2% 4 Q 2024 8.1% Quarterly
Coincident Index 116.9 Feb 2025 116.1 Monthly
Coincident Index m/m 0.8% Feb 2025 0.1% Monthly
Construction Orders y/y -3.3% Feb 2025 12.2% Monthly
Core Machinery Orders m/m 4.3% Feb 2025 -3.5% Monthly
Core Machinery Orders y/y 1.5% Feb 2025 4.4% Monthly
Industrial Production Forecast 1-month Ahead m/m 0.6% Mar 2025 5.0% Monthly
Industrial Production Forecast 2-month Ahead m/m 0.1% Apr 2025 -2.0% Monthly
Industrial Production m/m 2.3% Feb 2025 2.5% Monthly
Industrial Production y/y 0.1% Feb 2025 0.3% Monthly
Leading Index 107.9 Feb 2025 108.2 Monthly
Leading Index m/m -0.3% Feb 2025 0.3% Monthly
Machine Tool Orders y/y 11.4% Mar 2025 3.5% Monthly
Tertiary Industry Activity Index m/m 0.0% Feb 2025 -0.3% Monthly
au Jibun Bank Composite PMI 48.9 Mar 2025 51.6 Monthly
au Jibun Bank Manufacturing PMI 48.3 Mar 2025 49.0 Monthly
au Jibun Bank Services PMI 50.0 Mar 2025 53.7 Monthly
Consumer Last Reference Previous Frequency
Consumer Confidence Index 34.1 Mar 2025 35.0 Monthly
Household Spending m/m 3.5% Feb 2025 -4.5% Monthly
Household Spending y/y -0.5% Feb 2025 0.8% Monthly
Large Retailer's Sales y/y 0.6% Feb 2025 3.6% Monthly
Retail Sales m/m 0.5% Feb 2025 1.2% Monthly
Retail Sales y/y 1.4% Feb 2025 4.4% Monthly
Housing Last Reference Previous Frequency
Annualized Housing Starts 0.805 M Feb 2025 0.774 M Monthly
Housing Starts y/y 2.4% Feb 2025 -4.6% Monthly