Jun 9, 2015

Japan consumer confidence fell in May for second straight month

Consumer confidence worsened in May for the second straight month amid rising prices of goods such as food, data showed Tuesday, prompting the government to downgrade its assessment. The seasonally adjusted index of sentiment among households made up of two or more people fell ...

GDP revised to annualized 3.9% on surge in capital spending

Jun 8, 2015

GDP revised to annualized 3.9% on surge in capital spending

The economy grew much faster than estimated in the first quarter, bolstering views that Japan is recovering from the first stage of the consumption tax hike last year that caused a brief recession, the government said Monday. In a revision, the Cabinet Office said ...

Jun 3, 2015

OECD cuts global economic outlook amid subdued investment

The Organisation for Economic Co-operation and Development on Wednesday slashed its economic outlook for the global economy, citing subdued investment amid doubts over the prospects for stronger growth. It also downgraded expectations for GDP growth in Japan. The OECD now expects the world economy ...

May 28, 2015

April retail sales disappoint as consumption tax weighs

Retail sales rose less than forecast in April, signaling a weak start to the second quarter for an economy that is still weighed down by last year’s sales-tax increase. Sales climbed 0.4 percent from March, when they dropped 1.8 percent, government data released Thursday ...

May 21, 2015

Status of economy tops agenda at BOJ policy meeting

The Bank of Japan started a two-day policy meeting Thursday at which it is expected to debate whether to raise its opinion on the Japanese economy. The nine-member Policy Board is expected to leave its monetary easing policy intact after delaying the deadline for ...