Pricy beef bowls show how to beat deflation

Jun 12, 2015

Pricy beef bowls show how to beat deflation

by Keiko Ujikane and Monami Yui

Restaurants, food producers and retailers are among a small but growing number of companies doing what few managed for long during Japan’s lost decades: raising prices. From beef bowl chain Matsuya Foods Co. to supermarket and convenience store operator Seven & I Holdings Co., ...

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 ...

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 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 ...

Apr 8, 2015

Summer bonuses to rise for second straight year

Summer bonuses are expected to rise for a second straight year, though by less than in 2014, according to private-sector estimates. The average bonus this summer is expected to rise 2.3 percent year on year, to ¥379,000 per worker, Mizuho Securities Co. said Tuesday. ...