
The number of automobiles sold in Japan each month, based on the number of new auto registrations. The headline figure is the percentage change in the number of new registrations for all types of vehicles. On a month to month basis the number can be volatile due to seasonal and business cycle fluctuations, and because the relatively high cost of individual automobiles can easily weigh changes in the report.
New auto sales account for only 5% of total private consumption, but because expensive outlays such as automobiles are business cycle sensitive the figure is indicative of the overall optimism of the Japanese consumer. New Auto Registrations also attracts market attention because it is one of the first consumer spending figures released each month.
Relevance :
Rarely affects markets
Release schedule : 5:00 (GMT); monthly, on the first business day of the following month
Revisions schedule : Little or no revisions
Source of report : Japan Automobile Dealers Association
Web Address : http://www.jama-english.jp/statistics/index.html
Address of release : http://jamaserv.jama.or.jp/newdb/eng/index.html
AKA : New Auto registrations
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