Tag - economic-indicators

 
 

ECONOMIC INDICATORS

Japan's core inflation slowed in September due to the rollout of energy subsidies.
BUSINESS / Economy
Oct 18, 2024
Japan’s inflation slows for first time since April
The slowdown in price gains largely hangs on government subsidies.
Exports declined 1.7% from a year ago, led by cars, mineral fuels and construction machinery and slipping to negative growth for the first time since November last year.
BUSINESS / Economy
Oct 17, 2024
Japan’s exports fall most since 2021 amid global slowdown
Exports declined 1.7% from a year ago, led by cars, mineral fuels and construction machinery.
The corporate goods price index (CGPI), which measures the price companies charge each other for their goods and services, rose 2.8% in September from a year earlier.
BUSINESS / Economy
Oct 10, 2024
Japan's wholesale inflation perks up, while yen rise eases cost pressure
The decline in import costs will likely shift the BOJ's attention to whether a more demand-driven rise in inflation takes hold in the country.
Japan's real wages fell in August year-on-year after turning positive for the previous two months for the first time in more than two years.
BUSINESS / Economy
Oct 8, 2024
Real wages in Japan drop in August after two months of gains
Analysts say that real-wage growth could turn positive again in September, in part due to the reintroduction of electricity bill subsidies.
Japan saw the highest number of bankruptcies since 2013 in the six months through September.
BUSINESS / Economy
Oct 8, 2024
Japan records highest number of bankruptcies in a decade as costs rise
The bankruptcies partly reflect the impact of higher prices, while a record 163 firms cited labor shortages as a reason for their struggles.
The Bank of Japan raised it economic assessments for the Hokuriku and Tokai regions in its quarterly regional report Monday.
BUSINESS / Economy
Oct 8, 2024
BOJ signals it remains on rate hike path with regional report
The Bank of Japan indicated it remains on track to consider more interest rate hikes by upgrading its assessments for two regional economies.
Big nonmanufacturers' mood has improved, the Bank of Japan's 
<i>tankan</i> survey shows, underscoring the strength of domestic demand.
BUSINESS / Economy
Oct 1, 2024
Big manufacturer sentiment steady in third quarter, tankan survey shows
While the survey found optimism among manufacturers, nonmanufacturers expect conditions to worsen in the months ahead.
The Federal Reserve building in Washington. Federal Reserve Chair Jerome Powell said last week he felt that the pre-pandemic years during which the Fed's rate hovered near zero for years and Europe delved into the exotic world of negative rates are gone for good.
BUSINESS / Economy
Sep 27, 2024
A global hunt for neutral rates to shape world finance costs
Policymakers are exploring whether the rates required to keep inflation in check and economies growing are higher now than the ultra-low ones before the pandemic.
Shoppers in Tokyo. Consumer inflation in the capital eased in September after outgoing Prime Minister Fumio Kishida reinstated energy subsidies to help households cope with one of the hottest summers on record.
BUSINESS / Economy
Sep 27, 2024
Tokyo inflation cools as government resumes energy subsidies
The government's energy subsidies were the biggest factors behind the deceleration, knocking 0.5 percentage point off overall inflation.
Traders betting on further recovery in Japanese equities are looking to any steer from the Bank of Japan that may cap the yen’s gains and support exporters.
BUSINESS / Economy
Sep 25, 2024
Japan's corporate service inflation steady, BOJ focusing on Oct data
The BOJ is closely monitoring service-sector inflation to see if demand-driven price increases are broadening enough to warrant further interest rate hikes.
Rice in a field in Tambasasayama, Hyogo Prefecture in August. Rice prices jumped 28.3%, posting the largest increase since September 1975.
BUSINESS
Sep 20, 2024
Japan core consumer prices up 2.8% in August
Rice prices shot up 28.3%, electricity rates soared 26.2% and city gas rates 15.1%, following an end of government subsidies.
Japan's export growth slowed sharply in August as shipments to the United States dropped for the first time in three years.
BUSINESS / Economy
Sep 18, 2024
Japan’s export growth slows as external demand moderates
Imports climbed 2.3%, falling short of the 15% gain forecast by economists, with trade deficit widening to ¥695.3 billion.
President Xi Jinping last week appeared to signal tolerance for a rate slightly lower than 5%.
BUSINESS / Economy
Sep 16, 2024
China’s deepening slowdown tests Xi’s tolerance for growth miss
The People’s Bank of China signaled in a rare statement alongside disappointing credit data that fighting deflation would become a higher priority.
Growing moves by companies to pass on higher costs to consumers amid accelerating inflation are believed to have led to the decrease in bankruptcies.
BUSINESS / Companies
Sep 10, 2024
Japan business failures log first drop in 29 months in August
The figure stood below 800 for the first time in four months.
Japan's economy expanded in the April-June period at a slightly slower pace than initially reported, largely due to downward revisions in corporate and personal spending.
BUSINESS / Economy
Sep 9, 2024
Japan’s softer economic rebound still keeps BOJ hike in play
In noninflation adjusted terms, the economy advanced 1.8% from the previous quarter.
Japan's household spending rose less than expected in July as consumers remained wary of loosening their purse strings in the face of higher prices.
BUSINESS / Economy
Sep 6, 2024
Japan’s household spending stays flat in signs of tepid growth
Spending on housing and education jumped from June figures, while outlays on transportation and food declined.
Real cash earnings for workers in Japan climbed 0.4% in July from a year earlier.
BUSINESS / Economy
Sep 5, 2024
Japan real wages unexpectedly rise, keeping BOJ on hike path
Real cash earnings for workers climbed 0.4% in July from a year earlier, the labor ministry has reported.
A food delivery worker rides through Shenzhen's Futian district in May 2022.
ASIA PACIFIC / Society
Sep 3, 2024
China's economic malaise seen accelerating obesity rates
Job stress, long work hours and poor diets are growing high-risk factors in cities, while in rural areas, agriculture work is becoming less physically demanding.
The Reserve Bank of New Zealand in Wellington in 2017
BUSINESS / Economy
Sep 3, 2024
New Zealand's data fog leaves its central bank flying blind
Years of tight funding by successive governments have left statisticians struggling to keep up with a rapidly changing economy.
Job seekers crowd a job fair at Liberation Square in Shijiazhuang, China, in 2018.
BUSINESS / Economy / FOCUS
Sep 2, 2024
New unproductive forces: the Chinese youth owning their unemployment
Urban youth unemployment for the roughly 100 million Chinese aged 16-24 spiked to 17.1% in July, a figure analysts say masks millions of rural unemployed.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?