BOJ meets amid backdrop of surprise fall in retail sales

Jan 28, 2016

BOJ meets amid backdrop of surprise fall in retail sales

Retail sales unexpectedly declined in December, indicating weakness in consumer spending as the central bank began a two-day meeting Thursday to decide whether to boost monetary stimulus. The drop adds to concerns that price gains in Japan will remain insufficient to spur economic growth, ...

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 ...

Jul 13, 2015

Japan industrial output fell to 2.1% in May

Japan’s industrial output fell a seasonally adjusted 2.1 percent in May from the previous month, revised upward slightly from a preliminary 2.2 percent decrease, the Ministry of Economy, Trade and Industry said Monday. The index of output at factories and mines stood at 97.2 ...

Mar 5, 2013

Abenomics isn't trickling down yet

Although sales of luxury goods are rising, only when all segments of society begin to loosen their purse strings can it be said that the economy is truly improving.