Kansai Economic Insight Monthly Vol.74 (June 2019)
Summary: Current economic deterioration expected to persist
- Production in April expanded MoM for the first time in six months, but output was -0.5% lower than the Q1 average.
- Kansai registered a trade deficit in May for the first time in four months. Both exports and imports shrank YoY.
- The Economy Watchers’ Diffusion Index (DI) in May deteriorated MoM for the first time in two months.
- Both nominal and real wages in March decreased YoY for the first time in three months.
- Sales by large retailers in April shrank YoY for the first time in two months.
- The number of new housing starts in April decreased YoY for the first time in two months.
- The job offers-to-applicants ratio in April increased slightly. The unemployment rate remained unchanged.
- Construction works in April expanded for the 14th consecutive month.
- The number of international arrivals at Kansai International Airport in May grew YoY for the eighth month in a row.
- China’s Purchasing Managers’ Index (PMI) in May deteriorated for the second consecutive month.
著者
Director, Center for Quantitative Economic Analysis INADA, Yoshihisa
Professor emeritus, Konan University
Macroeconomics, Applied Econometrics, Economic Forecasting
KARAVASILEV, Yani
Researcher
foreign direct investment, international recruitment, corporate agenda setting
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