Japan logs first trade deficit in four months in May

Jun 20, 2016

Japan logs first trade deficit in four months in May

Japan posted a goods trade deficit of ¥40.7 billion in May for the first red ink in four months, the government said Monday, with the balance weighed down by sluggish exports amid a slowdown in overseas economies. The value of exports dropped 11.3 percent ...

Jun 10, 2016

Japan's May wholesale prices drop 4.2% on lower oil costs

Japan’s wholesale prices fell 4.2 percent in May from a year earlier for the 14th straight month of decline, weighed down by falling crude oil prices and a stronger yen, the Bank of Japan said Friday. The index of corporate goods prices stood at ...

Jun 1, 2016

Business investment rose 4.2% in first quarter

Capital spending by Japanese firms climbed 4.2 percent in the January to March period from a year earlier for the 12th straight quarterly increase, but declining profits dampened prospects for business expenditure, government data showed Wednesday. Business investment by all nonfinancial sectors for purposes ...

Japan's economy improved in April, but deflation persists

May 31, 2016

Japan's economy improved in April, but deflation persists

Factory output fell 3.5 percent in April from the same month a year earlier, while consumer spending also edged lower, though both improved from the month before, the government said Tuesday. Earlier, the government reported that the consumer price index fell 0.3 percent in ...

Japan's exports post seventh monthly decline on stronger yen

May 23, 2016

Japan's exports post seventh monthly decline on stronger yen

Exports fell for the seventh consecutive month in April as the yen strengthened, underscoring the growing challenges to Prime Minister Shinzo Abe’s efforts to revive economic growth. Overseas shipments declined 10.1 percent in April from a year earlier, the Finance Ministry said Monday. The ...

May 23, 2016

Cabinet Office slightly revises economic index numbers

The composite index of coincident economic indicators rose 0.4 points in March from the previous month, the Cabinet Office said in a revised report Monday. Previously, the government agency said the coincident index, which reflects current economic conditions, gained 0.5 points. The index now ...

May 19, 2016

Monthly machinery orders rise 5.5% in sign of higher business investment

The nation’s core private-sector machinery orders rose a seasonally adjusted 5.5 percent in March from the previous month, following a 9.2 percent decline in February, the government said Thursday. The orders, widely viewed as a leading indicator of future capital spending, totaled ¥895.1 billion, ...

May 6, 2016

Japan's monetary base rose 2.8% in April

The nation’s monetary base stood at ¥386.19 trillion at the end of April, up 2.8 percent from a month earlier, the Bank of Japan said Friday. It was a record high for the fifth straight month for the monetary base, or the combined balance ...

Apr 25, 2016

Revision pushes coincident CI up for February

The Cabinet Office said Monday it has revised up the composite index of coincident economic indicators for February. The coincident CI, which reflects current economic conditions, now stands at 110.7 against 100 for the base year of 2010, up from 110.3 in the preliminary ...