Tag - inflation

 
 

INFLATION

Japan Times
BUSINESS
Jan 27, 2023
Consumer inflation in Tokyo hits near 42-year high, keeping BOJ under pressure
The data heightens the chance that inflation will stay well above the Bank of Japan's 2% target in coming months.
Japan Times
BUSINESS
Jan 27, 2023
Average price of Tokyo-area condos hit record high in 2022
The figure grew 0.4% from the previous year to ¥62.88 million amid soaring materials prices chiefly reflecting the yen's weakening.
Japan Times
COMMENTARY / Japan
Jan 27, 2023
Kuroda’s head-fakes make the unthinkable plausible
Skepticism about the Bank of Japan’s intentions is clouding Gov. Haruhiko Kuroda's last months on the job.
JAPAN / Explainer
Jan 26, 2023
As Japan's energy firms raise prices, here is how to cut electricity use
Seven major electric companies have applied to the industry ministry to boost its energy prices, causing further concern to households worried about rising costs.
Japan Times
BUSINESS / Economy / FOCUS
Jan 26, 2023
Another wave of food price hikes to hit Japan in February
The prices of more than 20,000 food products were raised in 2022, with the number of such items increasing sharply through the autumn.
Japan Times
BUSINESS / Economy
Jan 26, 2023
BOJ policymakers divided on wage and inflation outlook, meeting summary shows
The divergence in views highlight the challenge policymakers face in determining whether the recent cost-driven rise in inflation will shift to one backed by robust demand and higher wages.
Japan Times
BUSINESS
Jan 25, 2023
New BOJ governor likely to move away from special stimulus, ex-official says
The official said Japan is on track to break away from an entrenched deflationary mindset as it moves away from being an economy of zero inflation.
Japan Times
BUSINESS / Companies
Jan 24, 2023
Tepco seeks to raise household power prices by 30% from June
The move follows five other Japanese electric utilities that have already applied to raise prices by between 28% and 46% from April due to soaring fuel procurement costs.
Japan Times
BUSINESS / Economy
Jan 24, 2023
Former BOJ chief Masaaki Shirakawa sought flexibility in 2013 policy statement
With the statement also mentioning carefully checking financial risks, Shirakawa said he believes they secured the policy flexibility they were aiming for.
Japan Times
BUSINESS / Economy
Jan 24, 2023
Ski resorts in Japan another victim of surging energy costs
While Japan has so far escaped a significant falloff in snow, rising costs mean many of the country’s smaller resorts are walking an economic tightrope.
Japan Times
JAPAN
Jan 23, 2023
Kyoto's Kinkakuji to raise admission fees for the first time in 30 years
The temple, a UNESCO World Cultural Heritage site, will raise the admission fee for adults and high school students to ¥500 from ¥400 on April 1.
Japan Times
BUSINESS / Economy
Jan 23, 2023
BOJ's policy tweak drew rare government request to adjourn, minutes show
At the Dec. 19-20 meeting, the BOJ kept its ultraeasy monetary policy but shocked markets with a surprise decision to double the movement range around 10-year bond yields.
Japan Times
BUSINESS / Economy
Jan 21, 2023
Japanese government and BOJ to discuss 2013 statement on inflation goal
Some are calling for revising the statement as the central bank has not yet achieved, in a stable manner, its 2% inflation target, a goal spelled out in the document.
Japan Times
BUSINESS / Economy
Jan 21, 2023
Next BOJ governor needs to be ‘crafty,’ LDP’s Akira Amari says
Japan’s next central bank governor needs the ability to be "crafty” in how they communicate and should largely stick with loose monetary policy, according to Akira Amari, a former economy minister who was involved in laying out the country’s 10-year-old inflation target.
Japan Times
BUSINESS / Economy
Jan 21, 2023
BOJ's Kuroda signals no shift after inflation hits 41-year high
Gov. Haruhiko Kuroda said current inflation is led mainly by import-price increases, and that it’s likely to start cooling from next month.
Japan Times
BUSINESS
Jan 20, 2023
Speculation swirls around possible BOJ policy change
A historic accord that ties the Bank of Japan to a 2% inflation goal is approaching its 10th anniversary amid speculation it may be revised to support a change of direction.
Japan Times
BUSINESS
Jan 20, 2023
Japan’s inflation hits 4% for the first time since 1981
Consumer prices excluding fresh food rose 4% in December from a year ago, the internal affairs ministry reported Friday.
Japan Times
BUSINESS / Economy
Jan 17, 2023
Japan’s largest trade union head says 2023 is pivotal for wages
Trade union leader has stressed the importance of moving toward continued wage growth in the face of rapid inflation and economic stagnation.
Japan Times
COMMENTARY / World
Jan 17, 2023
The Group of 20 could use a 'G Minor' grouping to represent emerging economies
While the G20 represents the world's largest economies, it's time to think of a group that could represent the needs of emerging and developing countries.
Japan Times
BUSINESS / Economy
Jan 17, 2023
Business chiefs and economists brace for recession as Davos begins
A separate survey of chief economists, released by the World Economic Forum, found two-thirds expect a worldwide recession in 2023 as businesses cut costs.

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