Dec 26, 2014

Inflation, industrial output weakened in November

The inflation rate eased slightly in November as household spending dropped, hindering the Abe administration’s effort to get the economy out of recession and back to sustainable growth. Government data released Friday showed core consumer prices, excluding food, rose 2.7 percent, marking the 18th ...

Dec 25, 2014

Services producer price index rose 3.6% in November

The services producer price index rose 3.6 percent in November from a year before, up for the 17th consecutive month, the Bank of Japan said Thursday. The index, previously called the tertiary or corporate services price index, stood at 102.9 against 100 for the ...

BOJ policymaker urged fiscal discipline amid easing policy: minutes

Dec 25, 2014

BOJ policymaker urged fiscal discipline amid easing policy: minutes

A member of the Bank of Japan’s Policy Board said at last month’s meeting that fiscal discipline should be maintained even when long-term interest rates remain low, according to minutes of the meeting released Thursday. The policymaker said the decline in long-term interest rates ...

Dec 19, 2014

BOJ resumes upbeat spin, nixes need for more easing

The Bank of Japan on Friday struck a more upbeat view of the world’s number three economy, saying exports were showing signs of picking up while factory output has started to bottom out. The comments came after policymakers wrapped up a two-day meeting where ...

Dec 4, 2014

BOJ plan's success hinges on fiscal action plan, policymaker warns

A Bank of Japan Policy Board member said Thursday that it is essential for the government to make progress on fiscal consolidation as its efforts will eventually determine the success of the central bank’s drastic monetary easing. The BOJ has been purchasing Japanese government ...