Output rises 0.8% in tax hike rebound

Jun 30, 2014

Output rises 0.8% in tax hike rebound

Industrial output recovered slightly in May from an earlier decline sparked by April’s sales tax hike, stabilizing as factories produced more machinery, vehicles and electronic devices, government data showed Monday. Factory output in the world’s third-largest economy climbed 0.8 percent in May from a ...

Offers-seekers ratio at highest since '92

Jun 27, 2014

Offers-seekers ratio at highest since '92

Nationwide job availability improved in May to the best in about 22 years as the unemployment rate fell to 3.5 percent, the lowest in more than 16 years, the government said Friday. As companies became more willing to hire workers amid an uptick in ...

Prices climb most in 32 years as wages limp along

Jun 27, 2014

Prices climb most in 32 years as wages limp along

Consumer prices climbed in May at their fastest pace in 32 years, swelled by the hike in the consumption tax and higher utility charges that are squeezing Japanese budgets as wage gains remain limited. Consumer prices excluding fresh food but not energy, rose 3.4 ...

Jan 31, 2014

Deflation nearing end, 2013 data show

Economic data for 2013 show signs that Japan is moving a step closer to beating prolonged deflation, with consumer prices rising for the first time in five years while the employment situation also improved.

Sep 9, 2013

Current account surplus eroded by import costs

Japan’s current account surplus shrank 12.9 percent from a year earlier to ¥577.3 billion in July, due mainly to skyrocketing import costs driven by the government’s weakening of the yen, government data said Monday. The surplus in the balance of international payments, one of ...