Feb 8, 2016

Cheap oil boosts Japan's 2015 current account surplus sixfold

The nation’s current account surplus grew more than sixfold in 2015 from the previous year to ¥16.64 trillion, boosted by a plunge in crude oil imports and a travel surplus amid the yen’s depreciation, government data showed Monday. Goods trade registered a deficit of ...

Japan's 2015 trade deficit narrows as oil prices tumble

Jan 25, 2016

Japan's 2015 trade deficit narrows as oil prices tumble

Japan logged a trade deficit in 2015 for the fifth straight year, but its value shrank 77.9 percent from 2014 to ¥2.83 trillion ($23.9 billion), due mainly to a sharp drop in imports amid lower crude oil prices, the government said Monday. The value ...

Jan 14, 2016

Japan machinery orders fell 14% in November, investment outlook dims

Core private-sector machinery orders plunged a seasonally adjusted 14.4 percent in November from the previous month for the first drop in three months, the government said Thursday. The trend reflects continued caution by firms over making capital investments. The orders, widely regarded as a ...

Dec 8, 2015

Bank lending in Japan up 2.3% in November

The average balance of bank lending in the country in November, excluding loans by shinkin (credit banks), rose 2.3 percent to ¥428.2 trillion, up for the 50th straight month, the Bank of Japan said Tuesday. Including shinkin, the total lending balance grew 2.3 percent ...

Dec 8, 2015

Japan logs current account surplus in October for 16th month

The current account surplus grew 72.3 percent from a year earlier in October, the 16th consecutive month of surplus, boosted by plunging oil imports and an increase in the travel surplus, the government said Tuesday. The surplus in the current account balance — one ...

Nov 12, 2015

Core machinery orders log first rise in four months

Core private-sector machinery orders rose a seasonally adjusted 7.5 percent in September for the first gain in four months, led by increased orders from the nonmanufacturing sector, the government said Thursday. The value of the orders, widely regarded as a leading indicator of future ...

Nov 12, 2015

Producer prices down 3.8% in October

The producer price index was down 3.8 percent in October from a year earlier, declining for the seventh straight month, the Bank of Japan said Thursday. The index, previously called the corporate goods price index, stood at 101.5 against 100 for the base year ...

Nov 4, 2015

Japan's monetary base up 1.8 percent in October

Japan’s monetary base at the end of October rose 1.8 percent from a month earlier to ¥344.42 trillion, hitting a record high for the 15th straight month, the Bank of Japan said Wednesday. The BOJ is aiming to increase the monetary base, or the ...