Monthly Report on the Corporate Goods Price Index ( Preliminary Figures for January 2019 )

Transcription

1 Research and Statistics Department Bank of Japan Report on the Corporate Goods Price Index The Producer Price Index fell 0.6 percent from the previous. The Export Price Index (contract currency ) fell 0.7 percent from the previous. The Import Price Index (contract currency ) fell 2.8 percent from the previous. FOR RELEASE 8:50 A.M. Wednesday, February 13, / Dec / Jan / Jan. Preliminary Figures Feb Mar Apr May June July Aug Sep Oct Nov Dec r -1.7 r -1.4 r -1.3 r -0.8 r -4.0 r 3.2 r -3.5 r 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 CY

2 (Commodities contributing to the ly s in January 2019) Producer Price Index -0.6% Groups Contribution to Commodities Petroleum & coal products % Naphtha, Fuel oil C, Gasoline Chemicals & related products % Ethylene, Propylene, Acrylonitrile Agriculture, forestry & fishery products % Chicken eggs, Beef, Cooked & dried whitebait Nonferrous metals % Unwrought copper, Power & telecommunications cables except optical fiber cables, Rolled aluminum & aluminum alloy products Scrap & waste % Iron & steel scrap, Copper & copper alloy scrap, Aluminum & aluminum alloy scrap Electric power, gas & water 0.05 % Industrial extra high tension power, Commercial high tension power, Industrial high tension power Pulp, paper & related products 0.02 % Coated printing paper, Printing paper (high grades), Corrugated packaging containers Electrical machinery & equipment 0.01 % Monitoring & control equipment, Switches (excluding electronic components) Production machinery 0.01 % Mold, die & parts, Chemical machinery, Agricultural tractors & power tillers Business oriented machinery 0.01 % Amusement machines Metal products 0.01 % Aluminum window sash, Steelworks General purpose machinery 0.01 % Commercial air conditioners, Metal valves, Centrifugal pumps Export Price Index (contract currency ) -0.7% Groups Contribution to Commodities Chemicals & related products % Para-xylene, Xylene, Styrene monomer Other primary products & manufactured goods % Gas oil, Jet fuel oil & kerosene, Wastepaper Metals & related products % Hot rolled steel strips, Iron & steel scrap, Semi-finished common steel products Electric & electronic products % MOS memory integrated circuits, Visual equipment, Radar apparatus & radio remote control apparatus and radio navigational aid apparatus for cars General purpose, production & business oriented machinery 0.04 % Semiconductor manufacturing equipment, Plasticworking machinery, Ball bearings Transportation equipment 0.02 % Suspension & brake parts, Aircraft engine parts, Standard trucks Import Price Index (contract currency ) -2.8% Groups Contribution to Commodities Petroleum, coal & natural gas % Crude petroleum, Naphtha, Liquefied petroleum gas Chemicals & related products % Saturated polyester resins, Antineoplastic agents, Methanol Electric & electronic products % Cellular phones, MOS memory integrated circuits, Carrier transmission equipment Metals & related products % Unwrought cobalt, Unwrought aluminum, Copper ores Other primary products & manufactured goods % Frames for spectacles & ophthalmic focus lenses, Plastic films & sheets, Bleached paper kraft pulp Lumber & wood products and forest products % North American timber, Plywood Textiles % Sweaters, Women's or girls' skirts, etc., Yarn of chemical fibers Transportation equipment 0.02 % Motor vehicle parts (except internal combustion engines), Internal combustion engines for motor vehicles & parts, Standard passenger cars (gasoline cars) Beverages & foods and agriculture products for food General purpose, production & business oriented machinery 0.02 % Coffee beans, Corn, Palm oil 0.02 % Tools for machines, Analytical instruments, Pumps 2

3 Producer Price Index Index 1, excluding extra charges for summer electricity 1, Beverages & foods Textile products r r r 1.6 Lumber & wood products Pulp, paper & related products r r r 3.4 Chemicals & related products Petroleum & coal products r r r 4.5 Plastic products Ceramic, stone & clay products r r r 2.9 Iron & steel Nonferrous metals Metal products General purpose machinery r r r -0.1 Production machinery Business oriented machinery r r r -1.2 Electronic components & devices r r r -0.7 Electrical machinery & equipment r r r 0.5 Information & communications equipment r r r -1.7 Transportation equipment r r r -0.5 Other manufacturing industry products r r r 0.4 Agriculture, forestry & fishery products r r r -2.3 Minerals r r r 7.3 Electric power, gas & water r r r 9.8 Scrap & waste r r r -8.7 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 Contract currency Contract currency 1, r r r Textiles r r r Chemicals & related products r r r Metals & related products General purpose, production & business oriented machinery r r r Electric & electronic products Transportation equipment Other primary products & manufactured goods Note: r: revised figures r r r Import Price Index Index Contract currency Contract currency 1, r r r Beverages & foods and agriculture products for food r r r Textiles r r r Metals & related products 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 r r Electric & electronic products r r r Transportation equipment Other primary products & manufactured goods Note: r: revised figures r r r

5 Domestic demand products 1, Domestic goods Imports r r 3.2 Raw materials r 7.0 Domestic goods Imports Intermediate materials Domestic goods Imports r r 2.0 Final goods Domestic goods Imports r r -1.8 Capital goods r r -0.7 Domestic goods Imports r r -1.2 Consumer goods r r -1.1 Domestic goods Imports r r -2.0 Durable consumer goods r r -2.0 Domestic goods r r -0.2 Imports r r -5.4 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 Index 1, excluding extra charges for summer electricity 1, Beverages & foods Textile products r r 1.6 Lumber & wood products Pulp, paper & related products r r 3.2 Chemicals & related products Petroleum & coal products r r 4.9 Plastic products r r 2.4 Ceramic, stone & clay products Iron & steel Nonferrous metals Metal products General purpose machinery r r -0.2 Production machinery r r 0.3 Business oriented machinery r r -1.0 Electronic components & devices r r -0.3 Electrical machinery & equipment r r 0.6 Information & communications equipment r r -1.9 Transportation equipment Other manufacturing industry products r r 0.3 Agriculture, forestry & fishery products r r -1.9 Minerals r r 7.1 Electric power, gas & water r r 9.9 Scrap & waste r r -7.9 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 2016 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 / Dec / Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec / Jan s (contract currency ) s Import Price Index (yen ) (contract currency ) Foreign ex rate $/yen s s () CY FY / Q Q Q Q / Dec / Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec / Jan 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 / Dec / Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec / Jan Domestic demand products (Cont'd) Final goods Capital goods Consumer goods CY FY / Q Q Q Q / Dec / Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec / Jan The next ly report will be released on Wednesday, March 13,