Economic Calendar and indicators of Japan
Overview
| Indicator | Last | Reference | Previous | Frequency |
|---|---|---|---|---|
| GDP q/q | 0.5% | 2 Q 2025 | 0.3% | Quarterly |
| Unemployment Rate | 2.3% | Jul 2025 | 2.5% | Monthly |
| CPI y/y | 3.1% | Jul 2025 | 3.3% | Monthly |
| BoJ Interest Rate Decision | 0.5% | 0.5% | ||
| Trade Balance | ¥-117.6 B | Jul 2025 | ¥152.1 B | Monthly |
Economic Calendar
Time,
Currency
Event
Actual
Forecast
Previous
2025.09.15 00:00, JPY, Respect for the Aged Day
2025.09.16 04:30, JPY, Tertiary Industry Activity Index m/m, Forecast: 0.1%, Previous: 0.5%
2025.09.16 23:50, JPY, Adjusted Trade Balance, Forecast: ¥-366.1 B, Previous: ¥-303.0 B
2025.09.16 23:50, JPY, Trade Balance, Forecast: ¥-84.0 B, Previous: ¥-117.6 B
2025.09.16 23:50, JPY, Imports y/y, Forecast: 0.1%, Previous: -7.5%
2025.09.16 23:50, JPY, Exports y/y, Forecast: -1.2%, Previous: -2.6%
2025.09.17 23:50, JPY, Core Machinery Orders m/m, Forecast: -2.4%, Previous: 3.0%
2025.09.17 23:50, JPY, Core Machinery Orders y/y, Forecast: 2.8%, Previous: 7.6%
2025.09.18 23:30, JPY, CPI y/y, Forecast: 3.0%, Previous: 3.1%
2025.09.18 23:30, JPY, CPI excl. Food and Energy y/y, Forecast: 3.5%, Previous: 3.4%
2025.09.18 23:30, JPY, Core CPI y/y, Forecast: 3.0%, Previous: 3.1%
2025.09.18 23:30, JPY, CPI s.a. m/m, Previous: 0.1%
2025.09.18 23:50, JPY, Foreign Bond Investment, Previous: ¥245.1 B
2025.09.18 23:50, JPY, Foreign Investment in Japan Stocks, Previous: ¥108.6 B
2025.09.19 02:30, JPY, BoJ Monetary Policy Statement
2025.09.19 02:30, JPY, BoJ Interest Rate Decision, Previous: 0.5%
2025.09.19 06:30, JPY, BoJ Press Conference
2025.09.19 19:30, JPY, CFTC JPY Non-Commercial Net Positions, Previous: 91.6 K
2025.09.23 00:00, JPY, Autumnal Equinox Day
Economic indicators
| Market | Last | Reference | Previous | Frequency |
|---|---|---|---|---|
| 10-Year JGB Auction | 1.612% | 1.462% | ||
| 30-Year JGB Auction | 3.264% | 3.089% | ||
| CFTC JPY Non-Commercial Net Positions | 91.6 K | 9 Sep 2025 | 73.3 K | Weekly |
| GDP | Last | Reference | Previous | Frequency |
| GDP q/q | 0.5% | 2 Q 2025 | 0.3% | Quarterly |
| GDP y/y | 2.2% | 2 Q 2025 | 1.0% | Quarterly |
| Net Exports Contribution to GDP q/q | 0.3% | 2 Q 2025 | 0.3% | Quarterly |
| Private Consumption q/q | 0.4% | 2 Q 2025 | 0.2% | Quarterly |
| Private Non-Residential Investment q/q | 0.6% | 2 Q 2025 | 1.3% | Quarterly |
| Labor | Last | Reference | Previous | Frequency |
| Jobs to Applicants Ratio | 1.22 | Jul 2025 | 1.22 | Monthly |
| Labor Cash Earnings y/y | 4.1% | Jul 2025 | 3.1% | Monthly |
| Overtime Pay y/y | 3.3% | Jul 2025 | 0.5% | Monthly |
| Real Wage y/y | 0.5% | Jul 2025 | -0.8% | Monthly |
| Unemployment Rate | 2.3% | Jul 2025 | 2.5% | Monthly |
| Prices | Last | Reference | Previous | Frequency |
| BoJ Corporate Goods Price Index m/m | -0.2% | Aug 2025 | 0.3% | Monthly |
| BoJ Corporate Goods Price Index y/y | 2.7% | Aug 2025 | 2.5% | Monthly |
| BoJ Corporate Services Price Index y/y | 2.9% | Jul 2025 | 3.2% | Monthly |
| BoJ Trimmed Mean Core CPI y/y | 2.0% | Jul 2025 | 2.3% | Monthly |
| BoJ Weighted Median Core CPI y/y | 1.1% | Jul 2025 | 1.4% | Monthly |
| CPI excl. Food and Energy y/y | 3.4% | Jul 2025 | 3.4% | Monthly |
| CPI s.a. m/m | 0.1% | Jul 2025 | 0.1% | Monthly |
| CPI y/y | 3.1% | Jul 2025 | 3.3% | Monthly |
| Core CPI y/y | 3.1% | Jul 2025 | 3.3% | Monthly |
| GDP Price Index y/y | 3.0% | 2 Q 2025 | 3.0% | Quarterly |
| Tokyo CPI excl. Food and Energy y/y | 3.0% | Aug 2025 | 3.1% | Monthly |
| Tokyo CPI s.a. m/m | 0.1% | Aug 2025 | 0.0% | Monthly |
| Tokyo CPI y/y | 2.6% | Aug 2025 | 2.9% | Monthly |
| Tokyo Core CPI y/y | 2.5% | Aug 2025 | 2.9% | Monthly |
| Money | Last | Reference | Previous | Frequency |
| BoJ Interest Rate Decision | 0.5% | 0.5% | ||
| BoJ L Money Stock y/y | 1.9% | Aug 2025 | 1.6% | Monthly |
| BoJ M2 Money Stock y/y | 1.3% | Aug 2025 | 1.0% | Monthly |
| BoJ M3 Money Stock y/y | 0.8% | Aug 2025 | 0.6% | Monthly |
| BoJ Monetary Base y/y | -4.1% | Aug 2025 | -3.9% | Monthly |
| Economy Watchers Index for Current Conditions | 46.7 | Aug 2025 | 45.2 | Monthly |
| Economy Watchers Index for Future Conditions | 47.5 | Aug 2025 | 47.3 | Monthly |
| International Reserves | $1324.2 B | Aug 2025 | $1304.4 B | Monthly |
| Trade | Last | Reference | Previous | Frequency |
| Adjusted Current Account | ¥1882.8 B | Jul 2025 | ¥2397.9 B | Monthly |
| Adjusted Trade Balance | ¥-303.0 B | Jul 2025 | ¥-247.6 B | Monthly |
| Current Account n.s.a. | ¥2684.3 B | Jul 2025 | ¥1348.2 B | Monthly |
| Exports y/y | -2.6% | Jul 2025 | -0.5% | Monthly |
| Goods Trade Balance | ¥-189.4 B | Jul 2025 | ¥469.6 B | Monthly |
| Imports y/y | -7.5% | Jul 2025 | 0.3% | Monthly |
| Trade Balance | ¥-117.6 B | Jul 2025 | ¥152.1 B | Monthly |
| Government | Last | Reference | Previous | Frequency |
| BoJ Bank Lending y/y | 3.6% | Aug 2025 | 3.2% | Monthly |
| Foreign Bond Investment | ¥245.1 B | 6 Sep 2025 | ¥1419.9 B | Weekly |
| Foreign Investment in Japan Stocks | ¥108.6 B | 6 Sep 2025 | ¥-785.7 B | Weekly |
| Business | Last | Reference | Previous | Frequency |
| All Industry Activity Index m/m | 1.3% | Jul 2020 | 6.8% | Monthly |
| BSI Large Manufacturing | 3.8 | 3 Q 2025 | -4.8 | Quarterly |
| BoJ Tankan Large All Industry Capex | 11.5% | 2 Q 2025 | 3.1% | Quarterly |
| BoJ Tankan Large Manufacturing Index | 13 | 2 Q 2025 | 12 | Quarterly |
| BoJ Tankan Large Manufacturing Outlook | 12 | 2 Q 2025 | 12 | Quarterly |
| BoJ Tankan Large Non-Manufacturing Index | 34 | 2 Q 2025 | 35 | Quarterly |
| BoJ Tankan Large Non-Manufacturing Outlook | 27 | 2 Q 2025 | 28 | Quarterly |
| BoJ Tankan Small All Industry Capex | -5.6% | 2 Q 2025 | -10.0% | Quarterly |
| BoJ Tankan Small Manufacturing Index | 1 | 2 Q 2025 | 2 | Quarterly |
| BoJ Tankan Small Manufacturing Outlook | -2 | 2 Q 2025 | -1 | Quarterly |
| BoJ Tankan Small Non-Manufacturing Index | 15 | 2 Q 2025 | 16 | Quarterly |
| BoJ Tankan Small Non-Manufacturing Outlook | 9 | 2 Q 2025 | 9 | Quarterly |
| Capacity Utilization Rate | -1.1% | Jul 2025 | -1.8% | Monthly |
| Capital Spending y/y | 7.6% | 2 Q 2025 | 6.4% | Quarterly |
| Coincident Index | 113.3 | Jul 2025 | 115.9 | Monthly |
| Coincident Index m/m | -2.6% | Jul 2025 | 0.3% | Monthly |
| Construction Orders y/y | -19.0% | Jul 2025 | 22.5% | Monthly |
| Core Machinery Orders m/m | 3.0% | Jun 2025 | -0.6% | Monthly |
| Core Machinery Orders y/y | 7.6% | Jun 2025 | 4.4% | Monthly |
| Industrial Production Forecast 1-month Ahead m/m | 2.8% | Aug 2025 | 1.8% | Monthly |
| Industrial Production Forecast 2-month Ahead m/m | -0.3% | Sep 2025 | 0.8% | Monthly |
| Industrial Production m/m | -1.2% | Jul 2025 | -1.6% | Monthly |
| Industrial Production y/y | -0.4% | Jul 2025 | -0.9% | Monthly |
| Leading Index | 105.9 | Jul 2025 | 105.1 | Monthly |
| Leading Index m/m | 0.8% | Jul 2025 | 0.6% | Monthly |
| Machine Tool Orders y/y | N/D | Aug 2025 | Monthly | |
| Tertiary Industry Activity Index m/m | 0.5% | Jun 2025 | 0.6% | Monthly |
| au Jibun Bank Composite PMI | 51.9 | Aug 2025 | 51.5 | Monthly |
| au Jibun Bank Manufacturing PMI | 49.7 | Aug 2025 | 48.8 | Monthly |
| au Jibun Bank Services PMI | 53.1 | Aug 2025 | 53.6 | Monthly |
| Consumer | Last | Reference | Previous | Frequency |
| Consumer Confidence Index | 34.9 | Aug 2025 | 33.7 | Monthly |
| Household Spending m/m | 1.7% | Jul 2025 | -5.2% | Monthly |
| Household Spending y/y | 1.4% | Jul 2025 | 1.3% | Monthly |
| Large Retailer's Sales y/y | 0.4% | Jul 2025 | -0.1% | Monthly |
| Retail Sales m/m | -1.6% | Jul 2025 | 0.9% | Monthly |
| Retail Sales y/y | 0.3% | Jul 2025 | 1.9% | Monthly |
| Housing | Last | Reference | Previous | Frequency |
| Annualized Housing Starts | 0.712 M | Jul 2025 | 0.647 M | Monthly |
| Housing Starts y/y | -9.7% | Jul 2025 | -15.6% | Monthly |