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November 22, 2024
 

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ECONOMIC INDICATORS

A Bank of Japan survey on households showed that 87.5% expect prices to rise a year from now, up from 83.3% in a previous survey in March.
BUSINESS / Economy
Jul 12, 2024
Japan households' inflation expectations heighten, quarterly survey shows
Of the total households surveyed by the Bank of Japan, 87.5% said they expect prices to rise a year from now.
Japan's core machinery orders unexpectedly fell for a second straight month in May.
BUSINESS / Economy
Jul 11, 2024
Japan's key capex gauge falls again, clouds outlook for durable growth
The volatile leading indicator of capital spending fell 3.2% month-on-month in May, following a 2.9% drop in April.
Some regional smaller firms have decided to prioritize raising pay to retain or hire workers, even if they have not been earning sufficient profits, the Bank of Japan has said.
BUSINESS / Economy
Jul 8, 2024
Bank of Japan sees wage hikes spreading across economy
The optimistic assessment may heighten the case for the central bank to raise interest rates as soon as its next meeting on July 30 and 31.
Japan logged a current account surplus for the 16th straight month in May.
BUSINESS / Economy
Jul 8, 2024
Japan logs largest May current account surplus
The country logged a current account surplus for the 16th straight month.
Japanese workers' base pay increased 2.5% in May from a year ago, the fastest growth since 1993.
BUSINESS / Economy
Jul 8, 2024
Japan base pay jumps most since 1993 in positive signal for BOJ
Base pay increased 2.5% in May from a year ago, the fastest growth since 1993.
Japanese household spending unexpectedly fell in May as higher prices continued to squeeze consumers' purchasing power.
BUSINESS / Economy
Jul 5, 2024
Japan’s household spending falls, clouding growth outlook
The yen's slide is expected to further raise prices for imported raw materials, energy, and food.
Business sentiment among large manufacturers in Japan in the April-June quarter improved for the first time in two quarters, but the mood among big service-sector firms worsened for the first time in four years, according to a Bank of Japan survey.
BUSINESS / Economy
Jul 1, 2024
Japan's shaky business mood and GDP downgrade cloud BOJ hike timing
A mixed economic outlook complicates the BOJ's decision on how soon to raise interest rates, analysts say.
Core inflation in Tokyo accelerated in June on rising fuel bills and the boost to import costs from a weak yen, keeping alive expectations for a near-term interest rate hike by the central bank.
BUSINESS / Economy
Jun 28, 2024
Tokyo inflation quickens, keeping BOJ on track for rate hike
Consumer prices excluding fresh food rose 2.1% in the capital, accelerating from 1.9% in May.
Japan's core inflation accelerated in May due to energy levies but an index that strips away the effect of fuel slowed for the ninth straight month, complicating the central bank's decision on how soon to raise interest rates.
BUSINESS / Economy
Jun 21, 2024
Energy costs drove up inflation in May, backing case for BOJ rate hike
Consumer prices excluding fresh food rose 2.5% in May from a year ago, quickening from 2.2% in April, the internal affairs ministry said Friday.
Japan's exports in May showed the largest year-on-year increase since November 2022, but persistent weakness in the yen is raising concerns about the potential for a resurgence in cost-push inflation.
BUSINESS / Economy
Jun 19, 2024
Japan’s exports grow most since 2022 on boost from weak yen
Exports increased 13.5% from a year ago in May, marking a sixth month of gains, the Finance Ministry reported.
Core machinery orders in April dropped month-on-month for the first time in three months, but the Cabinet Office said they are continuing to show signs of picking up.
BUSINESS / Economy
Jun 17, 2024
Japan's core machinery orders down in April but seen firming up ahead
Core orders fell 2.9% month-on-month in April, the first drop in three months.
The corporate goods price index rose 2.4% in May from a year earlier, driven by higher prices for utilities, petroleum and chemical goods as well as nonferrous metals.
BUSINESS / Economy
Jun 12, 2024
Japan's wholesale inflation rose in May, complicating BOJ rate outlook
Price rises driven by cost pressures could cool consumption, and dampen the chances of achieving the demand-driven inflation the central bank is seeking to foster.
A variety of instant noodle products is sold at Miyagi Co-op Saiwaicho Store in Sendai. The city placed second in household spending for instant noodles in a 2023 nationwide ranking.
JAPAN / Society / Regional Voices: Tohoku
Jun 10, 2024
Tohoku's love for instant noodles shines through in survey
The spending for instant noodles in Tohoku cities far exceeds the national average.
Japan's economy contracted less than initially reported in the January-March period on upward revisions to capital spending and inventory data.
BUSINESS / Economy
Jun 10, 2024
Japan’s sputtering economy yet to show clear signs of recovery
The data showed both consumers and companies cutting back on spending and unsold supplies building up on warehouse shelves.
Japanese household spending in April showed the first year-on-year increase since February last year, marking rises in such categories as education, rent and clothing.
BUSINESS / Economy
Jun 7, 2024
Japan’s households boost outlays for first time in 14 months
Real outlays rose 0.5% in April from a year ago, marking the first increase since February last year.
Japan's base pay in April rose 2.3% from a year earlier to drive up nominal wages by 2.1%, but real wages marked a 25th consecutive month of decline as pay growth lagged inflation.
BUSINESS / Economy
Jun 5, 2024
Japan’s biggest base pay jump since 1994 still leaves doubts
Pay continues to lag inflation, with analysts appearing to latch on to weaker-than-expected growth in cash wages in data that avoids sampling issues.
Japanese companies' capital expenditures on goods excluding software fell 0.5% in the three months through March from the previous quarter.
BUSINESS / Economy
Jun 3, 2024
Japan’s firms trim spending, reflecting headwinds to growth
Capital expenditures on goods excluding software fell 0.5% in the three months through March from the previous quarter.
A residential development under construction in Shanghai in February. Problems in the property sector have had a negative impact across broad areas of China's economy.
BUSINESS / Economy
May 31, 2024
China's factory activity unexpectedly dips as property pain persists
The disappointing number adds to a series of recent indicators showing the $18.6 trillion economy is struggling to get back on its feet.
Consumer prices excluding fresh food rose 1.9% in May in the capital, internal affairs ministry data showed Friday.
BUSINESS / Economy
May 31, 2024
Tokyo inflation picked up in May, keeping BOJ on track for rate hike
The capital's inflation figures typically serve a indicator for national trends, suggesting a similar acceleration is likely for the rest of Japan.
Japan's core inflation slowed for a second straight month in April due to milder food inflation.
BUSINESS / Economy
May 24, 2024
Japan’s inflation cools as BOJ waits for wage gains to kick in
Consumer prices excluding those for fresh food rose 2.2% year on year in April, matching analysts’ estimates and marking a 25th month of staying above the BOJ's 2% target.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
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Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

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