Monthly Report on the Corporate Goods Price Index ( Preliminary Figures for April 2014 )

Transcription

1 Research and Statistics Department Bank of Japan Report on the Corporate Goods Price The Domestic Corporate Goods Price rose 2.8 percent from the previous. The Export Price (contract currency ) fell 0.1 percent from the previous. The (contract currency ) fell 0.5 percent from the previous. Domestic Corporate Goods Price excluding extra charges for summer electricity Contract currency Export Price Contract currency 2013/ Mar Apr May June July FOR RELEASE 8:50 A.M. Wednesday, May 14, 2014 Aug Sep Oct Nov Dec / Jan Apr. Preliminary Figures Notes: r: revised figures Feb Mar r (CY2010 = 100) 160 (CY2010 = 100) 160 (CY2010 = 100) Domestic Corporate Goods Price Export Price (yen ) (yen ) 110 Reference: Domestic Corporate Goods Price using Chainweighted Formula 140 Export Price (contract currency ) 140 (contract currency ) CY CY CY

2 (Commodities contributing to the ly s in April 2014) Domestic Corporate Goods Price 2.8% Contribution Groups to Food, beverages, tobacco & feedstuffs 0.40 % Commodities Transportation equipment 0.36 % Chassis & body parts, Drive, transmission & steering parts Petroleum & coal products 0.24 % Gasoline, Gas oil, Kerosene Electric power, gas & water 0.24 % Tobacco products, Formula feeds, Sushi, box lunches & rice balls Industrial extra high tension power, Industrial high tension power, Commercial high tension power Iron & steel 0.17 % Hot rolled steel strips, Shearing & slitting products (steel sheets), Heavy steel plates Other manufacturing industry products 0.14 % Planograph printed matter, Special printed matter on non-paper Export Price (Contract currency ) -0.1% Contribution Groups to Other primary products & manufactured goods General purpose, production & business oriented machinery Commodities Chemicals & related products % Caprolactam, Synthetic rubber, Vinyl chloride monomer Electric & electronic products % % Jet fuel oil & kerosene, Wastepaper, Plastic films & sheets % Knitting machines, Semiconductor manufacturing equipment, Gears Video cameras & digital cameras, MOS memory integrated circuits Transportation equipment 0.06 % Drive, transmission & steering parts, Internal combustion engines for motor vehicles & parts (Contract currency ) -0.5% Contribution Groups to Commodities Petroleum, coal & natural gas % Crude petroleum, Liquefied petroleum gas, Coal for coke making Chemicals & related products % Methanol, Pharmaceuticals intermediates, Carbon black General purpose, production & business oriented machinery Foodstuffs & feedstuffs 0.05 % Pork, Beef, Corn % Lenses & ex lenses for photographic cameras, Bearings (Reference ) Domestic Corporate Goods Price excluding Consumption Tax 0.1% Groups Contribution to Electric power, gas & water 0.17 % Petroleum & coal products 0.03 % Gasoline, Gas oil, Kerosene Scrap & waste 0.02 % Iron & steel scrap Agriculture, forestry & fishery products 0.02 % Pork, Beef Commodities Industrial extra high tension power, Industrial high tension power, Commercial high tension power Chemicals & related products % Antihypertensives & vasodilators, Agents affecting digestive organs (ethical), Agents relating to blood & body fluids 2

3 Domestic Corporate Goods Price s 1, excluding extra charges for summer electricity 1, Food, beverages, tobacco & feedstuffs r r r Textile products r r r Lumber & wood products Pulp, paper & related products Chemicals & related products Petroleum & coal products r r Plastic products Ceramic, stone & clay products Iron & steel r r r Nonferrous metals Metal products r r r General purpose machinery r r r Production machinery r r r Business oriented machinery r r r Electronic components & devices Electrical machinery & equipment Information & communications equipment r r r Transportation equipment Other manufacturing industry products Agriculture, forestry & fishery products r r r Minerals r r r Electric power, gas & water r r r Scrap & waste Notes: 1. r: revised figures 2. (excluding extra charges for summer electricity) is adjusted to exclude large seasonal fluctuations in electric power charges. Industrial and commercial electric power charges are set relatively high during July-September, when electric power consumption increases substantially. 3

4 Export Price Contract currency Contract currency from three s 1, r r Textiles r r r Chemicals & related products Metals & related products r r r General purpose, production & business oriented machinery r r r Electric & electronic products r r r Transportation equipment r r r Other primary products & manufactured goods Notes: r: revised figures Contract currency Contract currency from three s 1, Foodstuffs & feedstuffs r r r Textiles Metals & related products r r r Wood, lumber & related products Petroleum, coal & natural gas Chemicals & related products General purpose, production & business oriented machinery Electric & electronic products Transportation equipment Other primary products & manufactured goods Notes: r: revised figures r r r

5 Reference: by Stage of Demand and Use from three s Domestic demand products 1, Domestic goods Imports Raw materials Domestic goods Imports r Intermediate materials Domestic goods Imports Final goods r r Domestic goods r r Imports r r Capital goods r r Imports r r Consumer goods r r Imports Durable consumer goods r r Imports Non durable consumer goods Imports Notes: 1. r: revised figures Notes: 2. These indexes are compiled by reclassifying the "Domestic Corporate Goods Price ", "Export Price " and "Import Price " in terms of Commodities' stage of demand and use. ( by Stage of Demand and Use) 180 (CY2010 = 100) Domestic demand products Raw materials Intermediate materials Final goods CY

6 Reference: Domestic Corporate Goods Price using Chain-weighted Formula from three s 1, excluding extra charges for summer electricity 1, Food, beverages, tobacco & feedstuffs r r Textile products r r Lumber & wood products r r Pulp, paper & related products Chemicals & related products Petroleum & coal products r r Plastic products Ceramic, stone & clay products Iron & steel r r Nonferrous metals Metal products r r General purpose machinery r r Production machinery r r Business oriented machinery r r Electronic components & devices r r Electrical machinery & equipment Information & communications equipment r r Transportation equipment r r Other manufacturing industry products r r Agriculture, forestry & fishery products r Minerals r Electric power, gas & water r r Scrap & waste Notes: 1. r: revised figures 2. (excluding extra charges for summer electricity) is adjusted to exclude large seasonal fluctuations in electric power charges. Industrial and commercial electric power charges are set relatively high during July-September, when electric power consumption increases substantially. 3. "Domestic Corporate Goods Price using Chain-weighted Formula" is classified in the same way as that of "Domestic Corporate Goods Price." s are updated annually and indexes are chained with indexes of the previous year. The indexes are based on the year 2011 weights. 6

7 Reference: Time-Series Data of Price es Domestic Corporate Goods Price Export Price s (Reference) excluding extra charges for summer electricity s (contract currency ) CY FY / Q Q Q / Q / Mar Apr May June July Aug Sep Oct Nov Dec / Jan Feb Mar Apr s (yen ) s (contract currency ) (yen ) s s CY FY / Q Q Q / Q / Mar Apr May June July Aug Sep Oct Nov Dec / Jan Feb Mar Apr The next ly report will be released on Wednesday, June 11,

8 (Special Table) Domestic Corporate Goods Price excluding Consumption Tax Domestic Corporate Goods Price excluding Consumption Tax CY2010=100, % Domestic Corporate Goods Price 2013/ Apr May June July Aug Sep Oct Nov Dec / Jan Feb Mar Apr Note: Time-series data can be obtained at "BOJ Time-Series Data Search". (Commodities including prices whose tax rates are not increased in April 2014) Groups Commodities Treatments of the consumption tax rate Agriculture, forestry & fishery products Electric power, gas & water Sugar beet Leaf tobacco Industrial extra high tension power Commercial extra high tension power Industrial high tension power Commercial high tension power Low tension power Gas for liberalized sectors Gas for non-liberalized sectors Water for end users except industrial users Water for industrial users The consumption tax rate will be increased at the first time when goods are traded after April in line with their business practices. The consumption taxrate will be treated in line with actual business activities when the tax rate temporarily remains 5%. 8