May 18, 2016

Economic growth remains fragile

The nation’s economy has escaped a back-to-back quarterly decline, as shown by the preliminary data for the January-March period — which has been closely watched as a possible clue to whether Prime Minister Shinzo Abe will go ahead with the consumption tax hike in ...

Mar 10, 2016

Japanese wholesale prices fell 3.4% in February

Wholesale prices fell 3.4 percent in February from a year earlier on cheap oil and a firmer yen, the Bank of Japan said Thursday. It was the 11th straight month of decline. The index of corporate goods prices stood at 99.8 against the 2010 ...

Nov 24, 2015

Minimum wage to go up 3 percent to boost consumption

The Abe administration will raise the minimum wage by 3 percent each year starting next fiscal year as part of a package of policies aimed at strengthening consumer spending and stoking economic growth. The administration will also strengthen policies to get more women into ...