Business Topics

Sep 26, 2014

Consumer inflation rose slower than projected in August

Consumer inflation slowed further in August, official data showed Friday, stoking concerns about the government’s war on deflation. Core consumer inflation, stripping out volatile fresh food prices, was 3.1 percent year on year, the internal affairs ministry reported. That was below markets’ median forecast ...

Sep 22, 2014

August supermarket sales down for fifth month after tax hike

Supermarket sales fell 0.1 percent in August from a year earlier on a same-store basis, declining for the fifth consecutive month following the April consumption tax hike, an industry body said Monday. Sales at 9,242 stores operated by 60 supermarket chains totaled ¥1.09 trillion, ...

OECD backs second tax hike, more easy money from BOJ

Sep 22, 2014

OECD backs second tax hike, more easy money from BOJ

Japan should raise the consumption tax again next year despite wobbles in the economy caused by the first rise, and the central bank should cushion the blow with more easy money, the OECD said Monday. The Bank of Japan must do more “beyond 2015″ ...

Sep 19, 2014

Cabinet sobers up on Japan's economic fundamentals

Japan’s economic fundamentals were downgraded in a monthly report Friday as the government issued its first gloomy appraisal in five months, citing persistent weakness but insisting a slow recovery was underway. “The Japanese economy is making a moderate recovery, while weakness can be seen ...