Dec 28, 2015

Japan retail sales down 1% in November

Retail sales in November fell 1 percent from a year before to ¥11.5 trillion, the first drop in two months, the Economy, Trade and Industry Ministry said Monday. The drop reflected sluggish sales of winter clothing due to relatively warm weather in the reporting ...

Dec 28, 2015

Factory output slumps 1% as recovery stumbles

Factory output in Japan declined in November after two consecutive months of gains as the economy struggles to mount a recovery, official data showed Monday. The disappointing data — industrial production fell a seasonally adjusted 1 percent from a month earlier — comes after ...

Dec 22, 2015

Japanese economy forecast to grow 1.7% in fiscal 2016

The Japanese economy is expected to grow about 1.7 percent in real terms in fiscal 2016 starting next April, led by recovering consumer spending and solid capital investment, the government said Tuesday. In nominal terms, gross domestic product will likely expand around 3.1 percent ...

Government report says Japan's economy recovering moderately

Dec 21, 2015

Government report says Japan's economy recovering moderately

The government on Monday maintained its overall assessment of the economy as recovering moderately, helped by firm consumer spending and improving corporate profits. But its assessments of public investment and housing construction were downgraded while its view on employment was raised in its monthly ...

Dec 17, 2015

Japan's trade deficit narrows but exports remain weak

The nation’s trade balance narrowed last month, but exports fell again, official data showed Thursday. The slump was acute regarding shipments to China. The disappointing export figures underscore concerns about China’s growth, despite signs of a modest pickup in the Japanese economy. The finance ...

Latest 'tankan' shows sentiment intact at big firms

Dec 14, 2015

Latest 'tankan' shows sentiment intact at big firms

Confidence in the economy among large manufacturers unexpectedly held up in the past few months, suggesting record corporate profits are compensating for uncertainty about the effects of an expected U.S. rate increase and the slowdown in China. The tankan index of business sentiment was ...

Dec 6, 2015

Amari foresees 0% growth in Japan's July to September GDP

Economic and fiscal policy minister Akira Amari said Sunday that the country’s quarter-on-quarter real gross domestic product growth in the July to September period is expected to be revised up to around zero percent from minus 0.8 percent at an annual rate. Amari showed ...

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 ...