Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
JapanJapan Domestic Corporate Goods Price Index YoY fell to -0.5% in March 2013
FMPMonthlyReleased April 2013
Japan Domestic Corporate Goods Price Index YoY fell to -0.5% in March 2013, released April 2013, down 0.4% from February's -0.1% reading.
Latest Release
-0.500000
Actual
—
Consensus
-0.100000
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 YoY (Japan) was reported at -0.5% in April 2013. The reading fell from the previous value of -0.1%.
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 CFTC JPY speculative net positions (Jun 19) and CFTC JPY speculative net positions (Jun 22).
Auto-generated from current model state · Refreshes on each release · Last update April 2013.
SHARE
Domestic Corporate Goods Price Index YoY - JP
Loading chart data...
About Domestic Corporate Goods Price Index YoY — Japan
DEFINITION
The Domestic Corporate Goods Price Index YoY is a key economic indicator that measures the year-over-year change in prices of goods produced by domestic corporations. It provides valuable insights into the overall inflationary pressures in the economy and is closely monitored by businesses, policymakers, and investors to make informed decisions. A higher index indicates an increase in the cost of goods, while a lower index suggests a decrease in prices. This indicator is an essential tool for assessing the health of the domestic corporate sector and forecasting future economic trends.
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 -0.5 %.
WHAT'S NEXT
This indicator correlates most strongly with USD/JPY (Bullish JPY, r=-0.50) — a useful reference for forex-focused traders.