Monthly Report on the Corporate Goods Price Index ( Preliminary Figures for February 2018 )

Transcription

1 Research and Statistics Department Bank of Japan Report on the Corporate Goods Price Index The Producer Price Index was und from the previous. The Export Price Index (contract currency ) rose 0.4 percent from the previous. The Import Price Index (contract currency ) rose 1.8 percent from the previous. FOR RELEASE 8:50 A.M. Tuesday, March 13, / Jan r r 2.6 r Feb. r 0.2 r 1.0 r r r Mar. r r r r 0.9 r r Apr r -2.1 r 3.0 r r 10.9 r May r r r -0.1 r June r r r July r 0.2 r r 1.1 r r 2.5 r 0.2 r 11.9 r -0.9 r Aug. r r r r r 12.8 r Sep. r 0.2 r 3.0 r 0.3 r 1.2 r r r r Oct. r 0.4 r r 1.9 r 9.8 r 0.8 r r 15.6 r 1.4 r Nov. r 0.4 r 3.5 r r r r r Dec. r r r 2.4 r 0.2 r r 7.3 r / Jan r -0.6 r 1.7 r 0.2 r r 5.0 r Feb. Preliminary Figures Index Notes: 1. A negative in the "Foreign ex rate" indicates an appreciation of the yen. 2. r: revised figures Producer Price Index excluding extra charges for summer electricity Export Price Index Import Price Index Foreign ex rate Contract currency Contract currency $/yen (CY2015 = 100) 110 Producer Price Index Reference: Producer Price Index using Chain-weighted Index Formula (CY2015 = 100) Export Price Index (yen ) Export Price Index (contract currency ) (CY2015 = 100) 150 Import Price Index (yen ) Import Price Index (contract currency ) CY CY 70 CY

2 (Commodities contributing to the ly s in February 2018) Producer Price Index 0.0 % Groups Contribution to Commodities Chemicals & related products 0.03 % Polyethylene resins, Polypropylene resins, Carbon black Electric power, gas & water 0.02 % Commercial high tension power, Industrial extra high tension power, Industrial high tension power Iron & steel 0.01 % H sections, Cold rolled stainless steel sheets, Light steel bars Petroleum & coal products % Gasoline, Gas oil, Liquefied petroleum gas Nonferrous metals % Transportation equipment % Unwrought copper, Unwrought silver, Plastic insulated copper wires Chassis & body parts, Standard passenger cars (hybrid cars), Aircraft parts Export Price Index (contract currency ) 0.4 % Groups Contribution to Commodities Chemicals & related products 0.26 % Para-xylene, Styrene monomer, Caustic soda Other primary products & manufactured goods 0.13 % Gas oil, Artificial graphite electrodes, Jet fuel oil & kerosene Metals & related products 0.07 % Unwrought copper, Semi-finished common steel products, Hot rolled steel strips General purpose, production & business oriented machinery % Plasticworking machinery, Textile machinery, Machining centers Import Price Index (contract currency ) 1.8 % Groups Contribution to Commodities Petroleum, coal & natural gas 1.58 % Crude petroleum, Coal for coke making, Liquefied natural gas Metals & related products 0.06 % Copper ores, Unwrought nickel, Zinc ores Chemicals & related products 0.06 % General purpose plastics (except saturated polyester resins), Saturated polyester resins, Bio-ETBE Beverages & foods and agriculture products for food 0.04 % Pork, Cheese, Soybean cake & meal Other primary products & manufactured goods 0.03 % Plastic films & sheets, Bleached paper kraft pulp, Glass containers, instruments & utensils General purpose, production & business oriented machinery 0.03 % Metal valves 2

3 Producer Price Index Weight Index 1, excluding extra charges for summer electricity 1, Beverages & foods r r r 0.2 Textile products Lumber & wood products r r r 3.4 Pulp, paper & related products Chemicals & related products r r r 2.5 Petroleum & coal products r r r 12.6 Plastic products Ceramic, stone & clay products Iron & steel r r r 7.0 Nonferrous metals Metal products r r r 2.7 General purpose machinery r r r 0.6 Production machinery r r 0.6 Business oriented machinery r r r -1.0 Electronic components & devices r r r 0.9 Electrical machinery & equipment r r r -0.3 Information & communications equipment r r r -0.2 Transportation equipment r Other manufacturing industry products r Agriculture, forestry & fishery products Minerals r r r 2.5 Electric power, gas & water r r r 8.2 Scrap & waste Notes: 1. The index of " excluding extra charges for summer electricity" adjusts extra charges applied during summer season from July to September. 2. r: revised figures 3

4 Export Price Index Index Weight Contract currency Contract currency 1, r r r Textiles r r r Chemicals & related products r r r Metals & related products r r r General purpose, production & business oriented machinery r r r Electric & electronic products r r Transportation equipment r r Other primary products & manufactured goods Note: r: revised figures r r r Import Price Index Index Weight Contract currency Contract currency 1, r r Beverages & foods and agriculture products for food Textiles r Metals & related products r r r Lumber & wood products and forest products r r r Petroleum, coal & natural gas r r r Chemicals & related products r r r General purpose, production & business oriented machinery r Electric & electronic products r Transportation equipment r r r Other primary products & manufactured goods Note: r: revised figures

5 Weight Domestic demand products 1, Domestic goods Imports r 5.0 Raw materials Domestic goods Imports r r 10.0 Intermediate materials r r 4.1 Domestic goods Imports r r 6.9 Final goods Domestic goods r Imports r r -0.9 Capital goods r r -0.3 Domestic goods r Imports r r -3.0 Consumer goods r Domestic goods Imports r r 0.0 Durable consumer goods r r -0.3 Domestic goods r -0.7 Imports r r 0.2 Nondurable consumer goods Domestic goods Imports Notes: 1. These indexes are compiled by reclassifying the "Producer Price Index excluding the consumption tax," "Export Price Index" and "Import Price Index" in terms of commodities' stage of demand or use of goods. 2. r: revised figures (Index by Stage of Demand and Use) Index by Stage of Demand and Use Index (CY2015 = 100) Domestic demand products Raw materials Intermediate materials Final goods 70 CY

6 Producer Price Index using Chain-weighted Index Formula Weight Index 1, r 2.9 excluding extra charges for summer electricity 1, r 2.9 Beverages & foods r r 0.2 Textile products r r 1.2 Lumber & wood products r r 3.5 Pulp, paper & related products Chemicals & related products r r 3.1 Petroleum & coal products r r 12.9 Plastic products r -0.1 Ceramic, stone & clay products r r 0.1 Iron & steel r 7.2 Nonferrous metals Metal products r r 2.5 General purpose machinery r Production machinery r r 0.6 Business oriented machinery r r -1.1 Electronic components & devices r r 0.7 Electrical machinery & equipment r r -0.4 Information & communications equipment r r -0.3 Transportation equipment r Other manufacturing industry products r Agriculture, forestry & fishery products r r 3.2 Minerals r r 3.0 Electric power, gas & water r r 8.6 Scrap & waste Notes: 1. The index of " excluding extra charges for summer electricity" adjusts extra charges applied during summer season from July to September. 2. The indexes are based on the year 2015 weights. 3. r: revised figures 6

7 Corporate Goods Price Index Time Series Data Producer Price Index Export Price Index s (Reference) excluding extra charges for summer electricity s (yen ) CY FY / Q Q Q Q / Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec / Jan Feb s (contract currency ) s Import Price Index (yen ) (contract currency ) Foreign ex rate $/yen s s () CY FY / Q Q Q Q / Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec / Jan Feb Note: A negative in the "Foreign ex rate" indicates an appreciation of the yen. 7

8 Index by Stage of Demand and Use Time Series Data Domestic demand products Raw materials Intermediate materials CY FY / Q Q Q Q / Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec / Jan Feb Domestic demand products (Cont'd) Final goods Capital goods Consumer goods CY FY / Q Q Q Q / Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec / Jan Feb The next ly report will be released on Wednesday, April 11,