- Nationwide core inflation hit a new high in April of 2.53% (pages 6 – 9)
- Core inflation rose further in May for Tokyo, edging up to 2.40% (pages 10 – 11)
- Weekly inflation rates still accelerating (page 12)
- But goods and imports inflation easing quickly (page 13)
- PMIs rise again in May (page 14)
- Economy Watchers Survey also points to stronger economy despite rising prices (page 16)
- Tankan and machinery orders not so strong (pages 17 – 19)
- Industrial production remains stalled (page 20)
- But tertiary index shows strength (page 21)
- Real GDP data shows strong domestic demand in Q1 (pages 22 – 26)
- Retail sales on a firm upward trend (page 27)
- Non-manufacturing profits rise strongly (pages 36 – 37)
- Big drop in jobless rate for 15 – 24 year olds despite rising labour force participation rate for this group (pages 40 – 46)
- However, nominal wage growth slows (page 47)
- Trade deficit shrinks: bi-lateral trade surplus with the US rising (pages 48 – 60)
- Construction orders rising, despite poor survey (page 61)
- Housing data not so strong (pages 62 – 63)
- BoJ assets surpass 100% of GDP (page 65)
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