Japanese household spending wilts 3.9% after warm January

Business / Economy Mar 6, 2020

Japanese household spending wilts 3.9% after warm January

Household spending fell 3.9 percent in January from the previous year as warm weather dented sales of winter equipment and goods, government data showed Friday. The monthly drop was the fourth in a row. Spending by households with two or more people totaled ¥287,173 in real ...

Japan household spending falls again in November

Business / Economy Jan 10, 2020

Japan household spending falls again in November

Household spending fell for a second straight month in November and by more than forecast, according to data released Friday by the Ministry of Internal Affairs and Communications, suggesting that a higher sales tax may weigh on private consumption for some time. The world's third-largest ...

Chinese inflation rate highest rate since 2012

Business Nov 9, 2019

Chinese inflation rate highest rate since 2012

China's consumer prices grew at their fastest rate in almost eight years in October driven by a spike in pork prices caused by an outbreak of African swine fever, according to official figures released Saturday. The consumer price index (CPI) — a key gauge of ...