Nov 28, 2016

Employment insurance premiums to fall to record low

The government will cut premiums for the nation’s employment insurance program to a record low of 0.6 percent for fiscal 2017-2019, down from 0.8 percent, sources said Monday. The government hopes the move will spur personal consumption and corporate spending. The premiums, used for ...

GDP revised upward to 0.7% for April-June quarter

Sep 8, 2016

GDP revised upward to 0.7% for April-June quarter

Japan’s economy expanded at a better-than-estimated 0.7 percent annualized pace in the April-June quarter, according to revised data showing private demand was stronger than earlier reported. An earlier estimate put annualized growth in the quarter at 0.2 percent. The economy grew at a 2.1 ...

Aug 30, 2016

Household spending, unemployment fall in July

Household spending fell for a fifth straight month and retail sales also dropped, underscoring the weakness in domestic demand. The jobless rate was the lowest since 1995. Household spending fell 0.5 percent in July from a year earlier, the statistics bureau said on Tuesday. ...

As Abenomics loses shine, Japan's shoppers seek bargains

Aug 25, 2016

As Abenomics loses shine, Japan's shoppers seek bargains

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Three years of Abenomics, Prime Minister Shinzo Abe’s bold stimulus program, has failed to dislodge a deflationary mindset among businesses and consumers. As the world’s third-largest economy falters again — with a stronger yen gnawing at overseas profits and domestic consumption sapping companies’ confidence ...

Aug 19, 2016

Japan manufacturers' mood at lowest since 2013: poll

Japanese manufacturers’ mood soured in August to its lowest since 2013, when the central bank embarked on aggressive monetary easing, a poll has shown, reflecting the pain caused by a rising yen and highlighting the huge task facing policymakers to generate growth. The Reuters ...