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April 29, 2024
 

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CONSUMER SPENDING

Japan Times
BUSINESS / Economy
Nov 8, 2022
As yen tumbles and prices rise, gadget-loving Japan seeks out secondhand iPhones
The Japanese currency's fall to a 32-year low against the dollar has squeezed consumers and accelerated a broader spending shift in the world's No.3 economy
Japan Times
BUSINESS / Economy
Nov 8, 2022
Household spending gains in September at end of falling third quarter
A separate data report showed wages maintained an upward trend on a year-on-year basis, climbing 2.1% in September, although it continued to decline when accounting for inflation.
Japan Times
BUSINESS / Economy
Sep 6, 2022
Japan households cut spending as real wages fell in July, casting shadow on outlook
The drop in real consumer spending, which accounts for the impact of inflation, adds to signs that the economic recovery from the pandemic remains fragile.
Japan Times
BUSINESS / Economy
Jul 27, 2022
Japan firms start providing 'inflation allowance' to workers
Computer software developer Cybozu has decided to make special lump-sum payments to employees in Japan and abroad in July and August.
Japan Times
BUSINESS
Jul 8, 2022
Japan's household spending slips again as chip shortage hits consumers
Households are also facing pressure from the yen's sharp decline that is pushing up prices of imported fuel and food.
Japan Times
BUSINESS
Jun 24, 2022
BOJ sticks to its guns despite inflation, but consumers aren’t so tolerant
While the central bank has so far indicated it will not change its policy, signs are growing that consumers aren't so sanguine about rising prices.
Japan Times
BUSINESS / Economy
Jun 7, 2022
Japan's household spending falls as rising costs squeeze consumers
Spending improved from the previous month as households showed increasing appetite for services such as eating out, but the month-on-month rise was smaller than expected.
Japan Times
BUSINESS / Economy
May 18, 2022
Japan’s sputtering recovery offers support for BOJ stimulus case
Gross domestic product contracted at an annualized pace of 1% in the quarter through March, the Cabinet Office reported Wednesday.
Japan Times
BUSINESS / Economy
May 10, 2022
Japan household spending beats expectations, but inflation risks loom
The 2.3% drop in spending in March was the first in three months, though the decline was also partly due to a tough comparison with March 2021, when spending surged 6.5%.
Japan Times
BUSINESS / Economy
May 2, 2022
Hope fizzles out for Japan's 'revenge spending' splurge as inflation looms
Facing the prospect of struggling with rising prices, Japan's famously thrifty consumers are tightening their belts even as they sit on the remains of an estimated u00a550 trillion in savings.
Japan Times
BUSINESS / Economy
Apr 5, 2022
Soaring prices weigh on economy and keep wallets shut
Households cut spending from the previous month amid pandemic curbs, rapid food and fuel price rises and the coronavirus.
Japan Times
BUSINESS
Mar 24, 2022
China’s consumers face deeper economic damage from COVID lockdowns
President Xi Jinping has pledged to reduce u2018COVID zero' fallout, but unease may last longer if people remain wary and unemployment continues to rise.
Japan Times
BUSINESS / Economy
Mar 17, 2022
As costs rise in Japan, even businesses accustomed to deflation are raising prices
On top of changing ingredients or reducing portion sizes, firms have implemented unusual price hikes to goods such as cooking oil, snacks and popular instant noodle brands.
Japan Times
BUSINESS / Economy
Mar 17, 2022
Japanese households accumulate record financial assets as COVID curbs spending
The financial assets households had accumulated at the end of December were 4.5% higher than the level the year before.
Japan Times
BUSINESS / Economy
Feb 15, 2022
Japan's economy rebounds on solid consumption but omicron clouds outlook
The world's third-largest economy expanded an annualized 5.4% in the final three months of 2021, with falling coronavirus cases helping to prop up consumption.
Japan Times
BUSINESS / Economy
Feb 8, 2022
Japan's household spending fell for fifth straight month in December
The weak figure raises some concerns for policymakers hoping a rebound in consumer demand will support the economy.
Japan Times
JAPAN / Explainer
Feb 6, 2022
Volatile international oil situation takes toll on Japan’s gas prices and policy
The price at the pump reached u00a5170 per liter on Jan. 24 — the highest it's been in over 13 years.
Japan Times
BUSINESS / Economy
Feb 3, 2022
Global inflation wave pushes up prices in Japan on everything from pasta to gasoline
Japanese companies are generally reluctant to pass higher costs on to price-sensitive consumers, but many feel they have no choice and prices on a slew of products are on the rise.
Japan Times
BUSINESS / Economy
Jan 31, 2022
Japan lowers assessment as consumer confidence falls in January
In addition to increasing COVID-19 cases, 'price hikes of daily necessities since last year dampened sentiment,' a government official said.
Japan Times
BUSINESS / Economy
Jan 25, 2022
Japan household assets rose to record ¥3.07 quadrillion at end of 2020
The figure reflects consumers holding off on spending amid the uncertain impact of the coronavirus pandemic on the economic outlook.
Number of homeless in Japan hits record low
Homeless people sleep on the street in Tokyo's Shinjuku Ward in August 2021.
Raising kids in Japan as a single parent? It takes a village.
Making things work as a foreign, single mother in Japan isn't easy, but these tips and tricks can help you through the hardest parts.
JAL cancels international flight after captain gets drunk at Dallas hotel
A Japan Airlines' flight from Dallas to Tokyo was canceled last week after its captain got drunk at a local hotel.
In Japan, regional revitalization fails to halt population decline
Sakiyama elementary school in Tamba, Hyogo Prefecture, in March .Over the past decade, the government has directed efforts toward policies designed to give young people incentives to base themselves in rural areas.
Putin’s war will soon reach Russians’ tax bills
Russian President Vladimir Putin speaks during a meeting in St. Petersburg on Friday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.
Casa del Cibo: A thriving jewel born from Tohoku’s harsh past
When chef Ryohei Ikemi moved to Hachinohe, Aomori Prefecture, and opened Casa del Cibo in 2011, it was the first proper Italian restaurant in the city.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.

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