Tag - consumer-spending

 
 

CONSUMER SPENDING

Staff from All Nippon Airways and a travel agency escort a Chinese tour group from Beijing upon their arrival at Haneda Airport in Tokyo on Wednesday.
BUSINESS / Economy
Aug 24, 2023
Will 'explosive spending' return to Japan with China group tours?
Hopes the tours will herald big returns clash with a struggling Chinese economy and Japan's controversial release of treated wastewater into the sea.
Kimono-clad visitors take selfie photographs at Kiyomizu Temple in Kyoto on Friday.
JAPAN
Aug 16, 2023
In July, Japan welcomed most overseas visitors since pandemic hit
The weak yen is helping to boost tourism and contribute to a surge in growth for the world's third-largest economy.
BUSINESS / Economy
Aug 15, 2023
Return of Chinese group tours to Japan to bring economic boost
The average amount of spending by individual Chinese tourists is the second largest at ¥338,238, just behind ¥358,888 by travelers from the U.K.
Japan’s economy has expanded at a much faster pace than forecast, despite weak domestic consumption.
BUSINESS / Economy
Aug 15, 2023
Japan’s GDP grows at 6% on strong exports as consumption falters
Capital spending by businesses was flat, versus forecasts of a 0.4% increase, while private consumption unexpectedly declined by 0.5%.
Nominal cash earnings for workers in June rose 2.3% from the previous year, decelerating from a revised 2.9% clip in the previous month.
BUSINESS / Economy
Aug 8, 2023
Wage growth slowed in June, boosting case for BOJ to hold firm
The unexpected slowdown suggests the labor market may be losing some steam, and clouds prospects for the Bank of Japan’s sustainable inflation goal.
Japan Times
BUSINESS / Economy
Jun 29, 2023
Japan retail sales rebound, adding to signs of recovery
Spending rose 1.3% from April, according to the economy ministry on Thursday, beating economists expectations of a 0.8% increase.
BUSINESS / Economy / FOCUS
Jun 27, 2023
Competition growing over sales of energy-saving goods in Japan
Many consumers are buying new air conditioners to replace old ones as the hot and humid season gets underway.
Japan Times
BUSINESS / Economy
Jun 8, 2023
Japan’s economy grows faster than expected amid strong investment
GDP grew at an annualized 2.7% in the January-March quarter from the previous three months, revised figures showed.
Japan Times
BUSINESS / Economy
Jun 6, 2023
Weak Japan wage results offer little for Kishida or BOJ
Real cash earnings for Japan’s workers dropped 3.0% from a year earlier in April, slipping for the 13th month as overtime pay showed weakness.
Japan Times
BUSINESS / Economy
May 9, 2023
Spending in Japan unexpectedly drops as wages fall for a full year
Household spending fell 1.9% in March from a year earlier, the data showed, against economists' median forecast for a 0.4% rise and following a 1.6% gain in February.
Japan Times
BUSINESS
Mar 15, 2023
China economy rebounds from COVID slump as spending picks up
The rebound will be encouraging news to the top leadership, who have made economic growth a top priority this year.
Japan Times
BUSINESS
Mar 10, 2023
Japan's consumption rebounds by most since March, despite inflation
The latest data indicates there was a rebound in consumer confidence at the start of this year despite concerns about higher prices in fuel and daily necessities.
Japan Times
BUSINESS / Economy
Mar 9, 2023
Japan’s economy narrowly avoids recession in fragile recovery
The ongoing weakness in the economy supports the central bank’s view that Japan still needs help from easy monetary policy.
BUSINESS / Economy
Feb 21, 2023
Severe allergy season in Japan threatens to drag down spending
Households are expected to hold back from eating out, clothes shopping or participating in leisure activities.
Japan Times
BUSINESS / Economy
Feb 14, 2023
Japan’s growth misses estimates in challenge for incoming BOJ chief
Gross domestic product expanded at an annualized pace of 0.6% in the fourth quarter, turning positive after the preceding quarter’s contraction.
Japan Times
BUSINESS / Economy
Feb 7, 2023
Real wages rebound in December on bonuses and household spending falls
Japan's real wages rose 0.1% in December from a year earlier, posting the first gain since March, a labor ministry data showed on Tuesday.
BUSINESS
Jan 31, 2023
Another wave of food price hikes awaits Japan consumers in February
A supermarket industry executive said consumers will be even more cautious in buying under the growing burden of electricity bills.
Japan Times
BUSINESS / Economy / FOCUS
Jan 26, 2023
Another wave of food price hikes to hit Japan in February
The prices of more than 20,000 food products were raised in 2022, with the number of such items increasing sharply through the autumn.
Japan Times
BUSINESS / Economy
Jan 10, 2023
Tokyo inflation hits 4%, indicating stronger price trend than earlier thought
Consumer prices excluding fresh food climbed 4% in the capital in December as processed food and energy costs continued to mount.
Japan Times
BUSINESS / Economy
Dec 6, 2022
Japan’s households spend more despite falling real wages
Spending in October climbed 1.2% from a year ago, more than the increase forecast by analysts.

Longform

Figure skater Akiko Suzuki was once told her ideal weight should be 47 kilograms, a number she now admits she “naively believed.” This led to her have a relationship with food that resulted in her suffering from anorexia.
The silent battle Japanese athletes fight with weight