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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
JapanJapan Domestic Corporate Goods Price Index MoM fell to 0.1% in March 2013
FMPMonthlyReleased April 2013
Japan Domestic Corporate Goods Price Index MoM fell to 0.1% in March 2013, released April 2013, down 0.3% from February's 0.4% reading.
Latest Release
0.100000
Actual
—
Consensus
0.400000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/JPY | ▼ Inverse | −0.50 | FOREX | Bullish JPY | → View |
| EUR/JPY | ▼ Inverse | −0.45 | FOREX | Bullish JPY | → View |
| Nikkei 225 | ▲ Direct | +0.45 | INDEX | Bullish JP | → View |
| GBP/JPY | ▼ Inverse | −0.40 | FOREX | Bullish JPY | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Domestic Corporate Goods Price Index MoM (Japan) was reported at 0.1% in April 2013. The reading fell from the previous value of 0.4%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/JPY (Bullish JPY). A secondary relationship exists with EUR/JPY, negatively correlated (Bullish JPY).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Housing Starts YoY (May 28) and Unemployment Rate (May 28).
Auto-generated from current model state · Refreshes on each release · Last update April 2013.
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Domestic Corporate Goods Price Index MoM - JP
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About Domestic Corporate Goods Price Index MoM — Japan
DEFINITION
The Domestic Corporate Goods Price Index MoM (Month-over-Month) is a key financial indicator that measures the change in prices of goods produced by domestic corporations on a monthly basis. It provides valuable insights into the overall inflationary trends in the economy and is used by businesses, investors, and policymakers to make informed decisions regarding pricing strategies, investment opportunities, and monetary policies. This index is a crucial tool for monitoring the health of the domestic corporate sector and its impact on the broader economy.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2013): actual 0.1 %.
WHAT'S NEXT
This indicator correlates most strongly with USD/JPY (Bullish JPY, r=-0.50) — a useful reference for forex-focused traders.