2025年5月9日に公表された2025年3月18日及び19日の日銀議事要旨では、「経済・物価の見通しのリスク要因として、委員は、各国の通商政策等の動きやその影響を受けた海外の経済・物価動向、資源価格の動向、企業の賃金・価格設定行動など、わが国経済・物価を巡る不確実性は引き続き高いとの認識で一致した」と述べています。
同日発表されたドイツの2025年3月の季節・暦調整済の鉱工業生産は、前月比3.0%増加しました。
同日発表されたドイツの2025年3月の季節・暦調整済の貿易収支は、211億ユーロの黒字となりました。前月比では、輸出は1.1%増加し、輸入は1.4%減少しました。
同日発表された米国の2025年3月の卸売月次報告によると、在庫売上高比率は1.30で前月比横ばいとなりました。
データ出所：日本銀行
The Federal Statistical Office of Germany
U.S. Department of Commerce
The BOJ minutes on 18th and 19th March 2025, which was announced on 9th May 2025, said "As for risks to economic activity and prices, members concurred that there remained high uncertainties surrounding Japan's economic activity and prices, including the evolving situation regarding trade and other policies in each jurisdiction and developments in overseas economic activity and prices under such a situation, developments in commodity prices, and domestic firms' wage- and price-setting behavior."
The seasonally and calendar adjusted industrial production for Germany in March 2025, which was announced on the same day, increased by 3.0 percent from the previous month.
The calendar and seasonally adjusted trade balance of Germany in March 2025, which was announced on the same day, was EUR21.1 billion surplus. Compared with the previous month, exports increased 1.1percent and imports decreased by 1.4 percent.
According to the monthly wholesale trade report of U.S. in March 2025, which was announced on the same day, the inventories-to-sales ratio was 1.30 and it unchanged from the previous month.
Data source : Bank of Japan
The Federal Statistical Office of Germany
U.S. Department of Commerce
