Tag - consumer-spending

 
 

CONSUMER SPENDING

Japan Times
JAPAN / YEN FOR LIVING
Nov 9, 2018
Effort to nudge Japan to go cashless with offsets to sales tax hike faces many hurdles
On Oct. 15, Prime Minister Shinzo Abe confirmed during an extraordinary Cabinet meeting that the government would raise the consumption tax from 8 to 10 percent next Oct. 1. The tax hike has already been postponed twice owing to jitters over how it might affect consumption. The last consumption tax increase,...
Japan Times
BUSINESS / Economy
Aug 7, 2018
Wage growth in Japan hits 21-year high, possibly signaling a pickup in household spending
Household spending slid in June, but real wages rose at their fastest pace in more than 21 years thanks to higher summer bonuses, a sign that benefits of a prolonged economic recovery are broadening.
Japan Times
BUSINESS / Economy
May 16, 2018
Japan's economy shrinks in first quarter of 2018 after two-year run of growth
The economy shrank by 0.2 percent in the first three months of 2018, snapping a run of two years of positive growth, according to the Cabinet Office.
BUSINESS / Economy
Apr 6, 2018
Japan's long growth run faces turning point as wages and spending fall
Japan's longest run of economic expansion since the 1980s asset bubble may be entering a turning point, with data out on Friday suggesting consumption will fail to drive growth if trade frictions undermine exports.
Japan Times
BUSINESS
Mar 9, 2018
Vietnam bumps Thailand down to third place in survey of interest among Japanese businesses
Interest in Vietnam among Japanese companies continues to grow, boosting the Southeast Asian country to the second spot, right behind China, for the first time in the Japan External Trade Organization's ranking of countries and areas favorable for business expansion, according to a fiscal 2017 survey...
Japan Times
COMMENTARY / Japan
Jan 21, 2018
How is your brand relationship?
When it comes to brand commitment, Japanese consumers are the world's toughest customers.
Japan Times
BUSINESS / Companies
Jul 27, 2017
LMVH profit jumps as Japan, Europe join China luxury rebound
LVMH's first-half profit grew at the fastest rate since 2011 as Japan and Europe joined a luxury industry recovery led by China, showing double-digit sales increases in the second quarter.
EDITORIALS
Feb 19, 2017
Consumption still key to growth
The government needs to do more to spur consumer spending.
Japan Times
JAPAN / Media / BIG IN JAPAN
Jan 21, 2017
In uncertain times, Japan opts to save
A funny thing happened on the way to the marketplace. The crowd thinned out. Consumption? Been there, done that. Enough.
EDITORIALS
Sep 19, 2016
Slowdown in tourist spending
Regional authorities, businesses and communities need to help turn around the slowdown in spending by overseas visitors.
BUSINESS / Economy
Sep 14, 2016
'Safety net' needed to get young consumers to spend more: economist
Kazuhisa Takemura has an idea for helping Japan's struggling economy: Entice younger consumers to spend more by providing them a financial and emotional cushion.
EDITORIALS
Aug 21, 2016
Engel's coefficient rising in Japan
People are spending more on food, which means they are using less of their money in other areas — thereby reducing overall consumer spending.
BUSINESS / Economy
Jul 26, 2016
Penny-pinching Japanese households spend less on having fun
Whether it is the young or the old, Japanese consumers are spending less on fun, and that is bad news for Abenomics.
Japan Times
BUSINESS / Economy
Oct 13, 2015
Retailers warn of dismal spending; sales tax hike seen stifling demand
Do not believe in official statistics, Japanese retailers seem to be saying, as they cut earnings forecasts and warn of lackluster consumer spending, a key growth engine for Japan at a time when exports and factory output are stalling.
Japan Times
BUSINESS / Economy / ANALYSIS
May 29, 2015
Spending slump casts doubt on Bank of Japan optimism
Household spending slumped unexpectedly in April and consumer inflation came in roughly flat, casting doubt on the central bank's view that a steady economic recovery will help move inflation toward its ambitious 2 percent target.
EDITORIALS
Feb 13, 2015
Negative savings rates loom
The first-ever annual drop in Japan's household savings rate into negative territory might have been the result of people's rush to buy goods before the consumption tax hike last April. Yet, the long-term downtrend in the savings rate is forecast to continue.
BUSINESS / Economy
Nov 27, 2014
U.S. consumer, business spending data point to slowing growth
U.S. consumer spending rose modestly in October and a key measure of business spending plans on equipment fell for a second straight month, suggesting some slowing in the pace of economic growth.

Longform

Sumadori Bar on Shibuya Ward's main Center Gai street targets young customers who prefer low-alcohol drinks or abstain altogether.
Rethinking that second drink: Japan’s Gen Z gets ‘sober curious’