Jul 1, 2016

Japan consumer confidence up again in June

Consumer confidence improved in June for a second month amid better employment conditions and relatively stable stock markets, the government said Friday. The seasonally adjusted index of sentiment among households made up of two or more people rose 0.9 points to 41.8, the Cabinet ...

Abenomics brings salarymen no relief as wives limit allowances

Jun 30, 2016

Abenomics brings salarymen no relief as wives limit allowances

Japan’s long-suffering salaried workers, famous for toiling long hours, have found no relief under the Abenomics reflation program, recording two of the three worst years when it comes to their monthly pocket money. Pocket money, set by wives who are often put in control ...

Mar 22, 2016

Supermarket sales rise for second straight month

Supermarket sales increased 3.4 percent in February from a year earlier on a same-store basis, an industry body said Tuesday. It was the second straight month of gain. Food sales rose 5.2 percent, aided by the growing popularity of prepared foods. Sales of household ...

Market for high-end everyday items seen growing in Japan

Mar 15, 2016

Market for high-end everyday items seen growing in Japan

The market for toothpastes, shampoos and other items for daily use is expanding, reflecting increased demand for high-end products and purchases for personal, rather than family, use. Sales of toothpaste totaled ¥113.6 billion in 2014, up about 10 percent from the previous year, according ...

Consumer confidence, sentiment weaken in February

Mar 9, 2016

Consumer confidence, sentiment weaken in February

Consumer confidence worsened in February amid a decline in the country’s corporate performance and China’s economic slowdown, the Cabinet Office said, downgrading its assessment of the index for the second consecutive month. Another survey, also released by the office on Tuesday, showed business confidence ...

Japan's household spending falls for fifth straight month in January

Mar 1, 2016

Japan's household spending falls for fifth straight month in January

Household spending dropped for the fifth straight month in January, falling an inflation-adjusted 3.1 percent from a year earlier due to unusually warm weather, the government said Tuesday. Average monthly household spending in January totaled ¥280,973, according to data released by the Internal Affairs ...

Nov 4, 2015

Consumer confidence rises in October amid cheaper gasoline

Consumer confidence improved in October on the back of lower gasoline prices and more job offers, following a decline the previous month. The seasonally adjusted index of sentiment among households of two or more people was up 0.9 points from the previous month at ...

Oct 13, 2015

Government considers multiple levels in 2017 consumption tax hike

The government is considering introducing a reduced tax rate for some products to ease the burden when it raises the consumption tax rate by 2 percentage points to 10 percent in April 2017, Chief Cabinet Secretary Yoshihide Suga said Tuesday. “It is extremely natural ...

Aug 25, 2015

White goods shipments rose in July for third straight month

White goods shipments in Japan rose 7.1 percent in July from a year earlier to ¥242.2 billion, up for the third month in a row, an industry group said Tuesday. The shipments, which include air conditioners, held firm thanks to higher temperatures in Japan ...