JAPAN DATA: The average projections by 42 economists polled by the
Cabinet Office’s Economic Planning Association in its monthly ESP
Forecast Survey:
— Jul-Sep 2011 core CPI -0.00% y/y vs -0.15% in Aug survey
— Oct-Dec 2011 core CPI -0.20% (first forecast under 2010 base year)
— Jan-Mar 2012 core CPI -0.28% (first forecast)
— Apr-Jun 2012 core CPI -0.35% (first forecast)
— Jul-Sep 2012 core CPI -0.25% (first forecast)
— Oct-Dec 2012 core CPI -0.12% (first forecast)
— Jan-Mar 2013 core CPI -0.04% (first forecast)
— FY2011 core CPI -0.19% y/y vs -0.18% in Aug survey
— FY2012 core CPI -0.20% vs -0.26% in Aug
— Jul-Sep GDP annualized +4.95% vs +4.59% in Aug
— Oct-Dec GDP annualized +2.63% vs +4.64% in Aug