Feb 9, 2017

Japan's December core machinery orders up 6.7%

Japan’s seasonally adjusted core machinery orders in December rose by 6.7 percent from the previous month, the Cabinet Office said Thursday. Private-sector orders excluding those for ships and power equipment, closely watched as a leading indicator of corporate capital spending, totaled ¥889.8 billion. In ...

Jan 16, 2017

Wholesale prices logged 3.4% drop in 2016

Wholesale prices in 2016 fell 3.4 percent to log their second consecutive annual decline as the yen advanced and crude oil prices sank on the back of slowdowns in China and other emerging economies, the Bank of Japan said Monday. The data cast a ...

Jan 16, 2017

Core machinery orders fell 5.1% in November

Seasonally adjusted core machinery orders fell 5.1 percent in November to log the first decline in two months, the Cabinet Office said Monday. Private-sector orders, excluding those for ships and power equipment, are closely watched as a leading indicator of corporate capital spending and ...

Household spending drops for ninth consecutive month

Dec 27, 2016

Household spending drops for ninth consecutive month

The nation’s household spending declined for the ninth consecutive month in November, the government said Tuesday, reflecting consumers’ continuing preference to save money rather than spend. The government also said the unemployment rate remained low at 3.1 percent in November despite a 0.1 point ...

Dec 8, 2016

Japan logs current account surplus in October for 28th month in a row

Japan posted a current account surplus for the 28th consecutive month in October, helped by cheap oil prices and the yen’s strength, the government said Thursday. The surplus jumped 22.7 percent to ¥1.72 trillion ($15 billion), with the trade surplus increasing. Among key components ...

Japan's third-quarter GDP growth weaker than expected

Dec 8, 2016

Japan's third-quarter GDP growth weaker than expected

Japan’s third-quarter GDP was weaker than expected with a 0.3 percent expansion, revised data showed Thursday, as slack corporate spending held back the world’s No. 3 economy. The latest figures were lower than an initial estimate of 0.5 percent growth in the July to ...

Nov 29, 2016

Household spending continues to tumble

The nation’s household spending fell for the eighth straight month and the jobless rate remained flat in October, posing persistent challenges for the government’s efforts to spur growth momentum in the economy, government data showed Tuesday. Household spending, a key indicator of private consumption, ...

Nov 9, 2016

Current account surplus surges in April-September to ¥10.3 trillion

The nation’s current account surplus in the April-September period surged 20.5 percent from a year before to ¥10.3 trillion, hitting the highest level on a fiscal half-year basis since the second half of fiscal 2007, government data showed Wednesday. The current account balance was ...