Tag - inflation

 
Menu
Search
 
November 22, 2024
 

Today's print edition

Home Delivery
Subscribe for more access

INFLATION

Prices of nearly 3,000 food and beverage products will rise in October, due to the soaring costs of ingredients.
JAPAN / Society
Sep 30, 2024
Food price hikes in Japan in October to be largest so far in 2024
Prices of 2,911 products from 195 major food and beverage manufacturers will be raised in October, surpassing April’s figure.
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.
Prices for Umaibo sticks will be raised to ¥15 from current ¥12 starting October.
BUSINESS / Companies
Sep 25, 2024
Umaibo to puff up prices for the second time in two years
The company said rising costs for raw materials like corn and vegetable oil left it with no choice but to adjust the price.
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.
Bank of Japan Gov. Kazuo Ueda indicates the central bank is in no rush to raise interest rates further.
BUSINESS / Economy
Sep 24, 2024
BOJ chief signals no rush in raising rates further
The central bank can afford to spend time scrutinizing market and overseas economic developments in setting monetary policy, Gov. Kazuo Ueda says.
The rice harvest ramped up this month and will ease a supply squeeze, but farmers and Japan’s main grain distributor have agreed to higher contract prices.
JAPAN
Sep 24, 2024
Rice inflation to persist despite harvest, as prices rise over 20% on year
Tokyo shoppers were paying 23% more than a year ago for 5 kilogram bags of rice last month, while wholesale prices have risen 28% — the biggest hike since 1975.
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.
Tokyo's Ginza area marked the highest commercial land prices this year for the 19th consecutive year.
BUSINESS / Economy
Sep 17, 2024
Japanese average land price rises for third consecutive year
Overall land prices showed the first increase in 32 years in locations outside the three metropolitan areas of Tokyo, Nagoya and Osaka.
The total cost of cooking curry rice has topped ¥300 for the 12th straight month and is expected to exceed ¥350 per serving in August, according to a survey.
BUSINESS / Economy
Sep 12, 2024
Making a bowl of curry rice at home now costs over ¥300, survey says
The cost of the budget-friendly dish hit a record ¥342 in July, up ¥44 from the same period last year, according to a survey.
The dollar fell to an eight-month low in Tokyo trading Wednesday morning, after a Bank of Japan policymaker signaled a willingness to raise interest rates further.
BUSINESS / Markets
Sep 11, 2024
Yen leads gains versus dollar as traders weigh BOJ and U.S. debate
The yen has been in a broad appreciation trend since hitting a multi-decade low of ¥161.95 on July 3.
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.
The Bank of Japan headquarters in Tokyo. The BOJ was seen as having contributed to the global market meltdown in early August after its 0.25% hike.
BUSINESS / Economy
Sep 6, 2024
BOJ’s hiking pace may be faster than expected, ex-official says
While almost no economists expect the BOJ to adjust its benchmark rate on Sept. 20, many BOJ watchers expect another rate hike by January.
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.
Liquor store P&V Wine + Liquor Merchants owner Louise Dowling
BUSINESS / Economy
Sep 6, 2024
Cash-strapped consumers are giving Australia's liquor makers a headache
Australia's alcohol industry is in its sharpest downturn in memory as more people cut back on discretionary spending and turn to healthier ways to relax.
Hajime Takata, Bank of Japan's board member, says the bank needs to proceed with a further rate hike if inflation continues to develop.
BUSINESS / Economy
Sep 5, 2024
BOJ to need more hikes if justified by data, board member says
The remarks reinforce the recent message by Gov. Kazuo Ueda that the bank will continue to normalize its policies as conditions allow.
Michie Hino, 77, works at an elderly care home in Chiba Prefecture. She is one of a growing number of senior Japanese citizens working into their 70s.
JAPAN / Society / FOCUS
Sep 5, 2024
Working till your 70s — Japan's prospective gift to the world
A struggling pension system and the highest inflation in decades have led more Japanese people to delay retirement until their 70s or later to make ends meet.
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.
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.
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.
In Fukushima, a weekend of prose, poetry and translation
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.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

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

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

SPECIAL SUPPLEMENTS note

Read more

SUPPLEMENTS BINDER