Japan's household spending falls for fifth straight month in January

Mar 1, 2016

Japan's household spending falls for fifth straight month in January

Household spending dropped for the fifth straight month in January, falling an inflation-adjusted 3.1 percent from a year earlier due to unusually warm weather, the government said Tuesday. Average monthly household spending in January totaled ¥280,973, according to data released by the Internal Affairs ...

Japan's October-December business investment up 8.5%, but outlook dim

Mar 1, 2016

Japan's October-December business investment up 8.5%, but outlook dim

Capital spending by Japanese firms climbed 8.5 percent in the October-December period from a year earlier, the government said Tuesday, but a decline in corporate profits and an uncertain global economy may dampen business investment in the future. Business investment by all nonfinancial sectors ...

Japan manufacturing output up in January, retail sales fall

Feb 29, 2016

Japan manufacturing output up in January, retail sales fall

Japan’s industrial production rose in January from the month before, beating forecasts, while retail sales fell, suggesting the recovery of the world’s third-largest economy is still on the ropes. January’s increase in factory output was a turnaround from month-on-month declines in November and December. ...

Feb 26, 2016

Japan's government talks of postponing 2017 tax hike

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The government is ready to postpone a scheduled hike in the consumption tax if the move looks like it would weaken the economy and reduce total tax revenues, Chief Cabinet Secretary Yoshihide Suga told a regular news conference Friday. The government has pledged to ...

Feb 18, 2016

Economic council calls for new stimulus steps to address global risks

Private-sector members of the Council on Economic and Fiscal Policy on Thursday called for potential stimulus measures to be studied to address downside risks to the global economy. The government “needs to flexibly respond if judged necessary” after Japan’s gross domestic product turned “weak” ...