Business / Economy Apr 28, 2016

Consumer prices fell 0.3% in March

Consumer prices fell 0.3 percent in March compared with a year earlier due to lower energy prices, the government said Thursday, leaving the Bank of Japan far behind in its quest to stoke 2 percent inflation. The core consumer price index, which excludes volatile fresh ...

Business / Economy Dec 25, 2015

November saw Japan's consumer prices rise 0.1%

Consumer prices rose 0.1 percent in November from a year earlier for the first increase in five months, the government said Friday, reflecting a smaller decline in energy prices and higher food prices. The core consumer price index, which excludes volatile fresh food prices, stood ...

Prices climb most in 32 years as wages limp along

Business / Economy 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 percent ...

Business / Economy Apr 2, 2014

Companies see prices rising by 1.5%: BOJ

Companies are expecting consumer prices to rise at an average rate of 1.5 percent year-on-year, a Bank of Japan survey showed Wednesday, falling short of the central bank's inflation target of 2 percent. The companies also said they expect prices to rise 1.7 percent over ...

Editorials Mar 26, 2014

A year into the deflation fight

A year after taking the helm of the Bank of Japan, Haruhiko Kuroda appears on course to achieving the targets he set in the quest to rein in Japan's protracted deflation and put the economy on a growth path. Unfortunately bank lending to businesses ...

Business / Economy Mar 11, 2014

BOJ maintains ultraeasy monetary policy, economic assessment

The Bank of Japan said Tuesday it will maintain its ultraeasy monetary policy and keep unchanged its assessment of the economy for the sixth consecutive month, saying it has "continued to recover moderately" based on the judgment that deflation is disappearing. After a two-day meeting, ...