Household spending in Japan declined again in April

May 30, 2017

Household spending in Japan declined again in April

Household spending dropped again in April, official figures showed Tuesday, as consumers kept a tight hold on their purse strings despite years of government efforts to boost spending.The fresh data attest to what analysts believe is a broader picture of the economy — it ...

Apr 13, 2016

OECD chief calls for consumption tax of 'at least 15%'

The chief of the Organisation for Economic Cooperation and Development suggested Wednesday that Japan raise the consumption tax from the current 8 percent to “at least 15 percent” at some point in the future.Speaking after a meeting in Tokyo with Prime Minister Shinzo Abe ...

Households feeling little benefit from higher stocks

/ Apr 11, 2015

Households feeling little benefit from higher stocks

While the benchmark Nikkei 225 average briefly topped 20,000 for the first time in about 15 years on Friday, Japanese households are feeling little benefit from the higher stock market.The strong performance of the Nikkei suggests that stock market players continue giving high marks ...