Tag - consumer-spending

 
 

CONSUMER SPENDING

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
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 / 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.
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 / Outlook 2022
Jan 2, 2022
For first time in two years, Japan has some room for economic optimism
Omicron and inflation risks loom, but economists expect 2022 to be a year of recovery as consumption rises and people tap into the savings they've built up over the pandemic.
Japan Times
BUSINESS / Economy
Dec 7, 2021
Japan's October household spending extends declines on COVID-19 drag
The world's third-largest economy has lagged other nations in its recovery from the health crisis, mostly due to sluggish consumption.
Japan Times
BUSINESS / Economy
Nov 26, 2021
Fuel prices drive fastest Tokyo inflation in 16 months
Prices in the capital, excluding those for fresh food, increased 0.3% in November from a year earlier, the internal affairs ministry reported Friday.
Japan Times
BUSINESS
Oct 28, 2021
Japan’s retail sales beat estimates as shoppers defy virus fears
The stronger-than-expected gain suggests overall consumption, the biggest component of the economy, may not have declined last quarter as much as expected.
Japan Times
BUSINESS / Economy
Oct 14, 2021
From beef bowls to coffee, cost surge squeezes Japan's salaryman staples
Economists and policymakers expect to see the recent price rises reflected in official data in the coming months.
Japan Times
BUSINESS / Economy
Oct 8, 2021
Japan's household spending falls as COVID-19 curbs sap economic recovery
The latest data bodes ill for new Prime Minister Fumio Kishida's efforts to revitalize the pandemic-hit economy and distribute more wealth to households through higher wages.
Japan Times
BUSINESS
Sep 24, 2021
Japan's consumer prices didn't fall in August, snapping longest downtrend since 2011
While the reading was improved, the nation's weak inflation pulse has trapped the Bank of Japan in a holding pattern while other central banks move toward curbing pandemic stimulus.
Japan Times
BUSINESS / Economy
Aug 20, 2021
Even amid a global inflation wave, Japan remains unlikely to hit its goal
Japan's core consumer prices dropped by 0.2% from a year earlier, highlighting a continuing challenge for the nation's policymakers.
Japan Times
BUSINESS / Economy
Aug 3, 2021
Tokyo shows an inflation pulse for the first time in a year
Prices in the capital, excluding those for fresh food, ticked up by 0.1% in July compared with a year earlier as electricity costs stabilized and newspaper prices rose.
Japan Times
BUSINESS / Economy
Jul 20, 2021
Japan's core consumer prices up 0.2% on year in June
However, the increase, driven largely by higher energy costs, was much smaller than that of other major economies due to weak consumption.

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