Japanese firms forecast 0.9% inflation over next year

Business / Economy Oct 2, 2019

Japanese firms forecast 0.9% inflation over next year

Companies on average expect domestic consumer prices to rise 0.9 percent in a year's time, a quarterly Bank of Japan survey for September showed Wednesday. The expected rate was unchanged from the previous poll in June, the BOJ said. The average projected inflation rate was 1.0 ...

U.S. consumer demand slows sharply amid trade war

Business Sep 28, 2019

U.S. consumer demand slows sharply amid trade war

U.S. consumer spending slowed sharply in August, according to government data released Friday, suggesting turmoil from President Donald Trump's trade wars is hitting home for the general public. And in another sign trade tribulations are weighing on American industry, demand for big-ticket manufactured goods also ...