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 ...

May 19, 2015

Real wages fell 3% in fiscal 2014; largest drop on record

Japan’s average monthly real wage plunged 3.0 percent in fiscal 2014, marking the largest fall on record and the fourth year of decline, as last year’s consumption tax hike took its toll, the labor ministry said Tuesday. However, in nominal terms the average monthly ...