Jobless rate rises to 3.8% on July surge in job-seekers

Aug 29, 2014

Jobless rate rises to 3.8% on July surge in job-seekers

The unemployment rate rose to 3.8 percent in July from 3.7 percent in June as more people began looking for jobs to tap an apparent upturn in the economy, the government said Friday. The unemployment rate for women rose 0.2 point from June to ...

April-June machinery orders plunge at fastest pace in five years

Aug 14, 2014

April-June machinery orders plunge at fastest pace in five years

Core private-sector machinery orders fell at the fastest pace in more than five years in the April-June quarter, the government said Thursday, underscoring corporate reluctance to boost investment after the April 1 consumption tax hike. The orders, which exclude those for ships and from ...

Aug 11, 2014

Tax hike sent tertiary index tumbling at record pace in April-June

The tertiary industry activity index for the April-June quarter tumbled at its fastest pace since comparable data became available in 1988 because of the consumption tax hike, according to government data released Monday. The index fell 3.8 percent from the previous quarter to 97.9 ...

Aug 11, 2014

Japan's M3 money supply rose 2.4% in July

Japan’s M3 money supply increased 2.4 percent in July from a year before, after rising 2.5 percent rise the month before, the Bank of Japan said in a preliminary report Monday. The pace of growth slowed for the sixth straight month due to an ...

Aug 8, 2014

Japan logs largest six-month current account deficit ever

Japan logged a current account deficit of ¥507.5 billion in the first half, the biggest for any six-month period on record, government data showed Friday, underscoring its diminishing ability to earn money abroad. It was also the first time since officials started compiling comparable ...

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 ...