Jul 29, 2016

Japan's consumer prices off for fourth straight month in June

Japan’s consumer prices fell 0.5 percent in June from a year earlier for the fourth straight month of decline, the government said Friday, adding pressure on the Bank of Japan to further ease monetary policy to boost inflation. The core consumer price index, which ...

Japan's CPI seen falling again in June, more headaches for BOJ

Jul 22, 2016

Japan's CPI seen falling again in June, more headaches for BOJ

Japan’s consumer prices were expected to fall in June for the fourth straight month, a Reuters poll found, keeping alive market expectations the central bank will expand an already massive stimulus program to hit its 2 percent price goal. Separate data next week is ...

Japan's economy improved in April, but deflation persists

May 31, 2016

Japan's economy improved in April, but deflation persists

Factory output fell 3.5 percent in April from the same month a year earlier, while consumer spending also edged lower, though both improved from the month before, the government said Tuesday. Earlier, the government reported that the consumer price index fell 0.3 percent in ...

Japan's January CPI doesn't budge with BOJ far from 2% goal

Feb 26, 2016

Japan's January CPI doesn't budge with BOJ far from 2% goal

The Bank of Japan’s key price gauge did not move in January as it continued to hover around zero, putting Gov. Haruhiko Kuroda far from his 2 percent inflation goal even after adopting a negative-rate policy. Low energy prices are disrupting Kuroda’s efforts to ...

Aug 24, 2015

Abe defends BOJ after failure to achieve 2% inflation

Prime Minister Shinzo Abe on Monday defended the Bank of Japan after it failed to meet its goal of achieving 2 percent inflation in the country in April 2015. “It was unavoidable to fail to achieve the goal amid plunging crude oil prices,” Abe ...

Consumption tax hike lifts inflation to a 23-year high

May 30, 2014

Consumption tax hike lifts inflation to a 23-year high

Japan’s consumer prices rose 3.2 percent in April from a year earlier to the highest level since 1991, the government said Friday. The rise was largely due to the first stage of a two-part sales tax hike that is expected to dent growth this ...

Apr 25, 2014

Tokyo's core CPI got 2.7% lift in April from tax hike

The core consumer price index for central Tokyo jumped 2.7 percent on year in April, the sharpest increase in 22 years, as the consumption tax hike to 8 percent from 5 percent raised prices on April 1, government data showed Friday. For the capital’s ...

Output soars most since 2011 ahead of tax hike

Feb 28, 2014

Output soars most since 2011 ahead of tax hike

The nation’s industrial production in January grew the most since 2011, indicating the economy is strengthening as a looming consumption tax bump stimulates demand, while inflation matched the highest level in more than five years. Output rose 4 percent in January from the previous ...