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April 30, 2024
 

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CONSUMER SPENDING

Japan Times
BUSINESS / Economy
Feb 26, 2021
Australia shows the world what post-virus recovery may look like
Success in suppressing COVID-19 — outside isolated flare-ups — has sparked a snap back in household and business sentiment.
Japan Times
BUSINESS / Economy
Feb 20, 2021
Japan downgrades key economic assessment for first time in 10 months
The economy is showing 'weakness in some components' as consumption is slowing under the ongoing state of emergency over the coronavirus pandemic.
Japan Times
BUSINESS / Economy
Feb 9, 2021
Japan's 2020 overtime pay marks fastest fall in 11 years amid pandemic
Labor cash earnings slid 3.2% from a year earlier, weighed down by a drop in year-end bonuses.
Japan Times
BUSINESS / Economy
Feb 5, 2021
Japan's 2020 average monthly household spending down record 5.3%
Declines in outlays for culture and recreation contributed most to the overall drop, while spending on transportation and communication fell as consumers avoided direct contact.
Japan Times
BUSINESS / Economy / FOCUS
Jan 26, 2021
Deflation fears fueled in Japan over slow wage growth in pandemic
With annual wage negotiations between management and labor unions getting into full swing in February and March, companies appear reluctant to raise pay after a difficult 2020.
Japan Times
BUSINESS / Economy
Jan 22, 2021
Japan retains economic view in January despite virus emergency
In its monthly report, the Cabinet Office revised its views downward on private consumption and corporate business sentiment.
Japan Times
BUSINESS / Economy
Jan 22, 2021
Japan's December CPI down 1.0% in steepest fall in over 10 years
The drop is largely due to lower energy prices and the government's travel subsidy campaign, amid the coronavirus pandemic.
Japan Times
BUSINESS
Jan 8, 2021
Japan's November household spending grows 1.1%, up for second month
Household spending is a key gauge of private consumption and accounts for over half of Japan's gross domestic product.
Japan Times
BUSINESS / Economy
Jan 6, 2021
Japan to lose trillions of yen in consumption with virus emergency
One economist said about u00a54.89 trillion ($47.5 billion) of domestic consumption is estimated to disappear due to the state of emergency declaration for the Tokyo area.
Japan Times
BUSINESS / Economy
Dec 25, 2020
Japan retail sales drop as Tokyo prices fall most since 2010
Slumping energy costs and record virus cases that kept shoppers home darkened the recovery outlook, delivering sales declines that doubled analysts' forecasts.
Japan Times
ASIA PACIFIC
Dec 24, 2020
China looks to cut inequality in order to boost the economy
Although China is the only major economy set to grow this year due to its effective control of the pandemic, a new slogan signals that the ruling party is worried about an uneven recovery.
Japan Times
BUSINESS / Economy
Dec 21, 2020
Household and company assets up in September as virus slowed spending
Economic activity has yet to return to pre-pandemic levels and a resurgence of the virus that causes COVID-19 has cast uncertainty over the outlook.
Japan Times
BUSINESS
Dec 16, 2020
Japan’s ¥73.6 trillion stimulus hinges on spending by older generation
People over the age of 65 make up 29% of the population and account for almost 40% of the consumer spending that is the biggest driver of Japan's economy.
Japan Times
BUSINESS / Economy
Nov 16, 2020
China’s recovery strengthens as consumer spending picks up
Retail spending received a boost from the Golden Week holiday last month, though many shoppers also delayed purchases to take advantage of the Singles' Day shopping festival.
Japan Times
BUSINESS / Economy
Oct 9, 2020
Bank of Japan upgrades assessments on eight of nine regional economies
Of the nine regions, only Shikoku saw the assessment maintained from the previous report in July.
Japan Times
BUSINESS / Economy
Sep 8, 2020
Japan's economy watcher sentiment in August highest in 11 months
The latest reading was up for the fourth consecutive month with retail, housing, manufacturing and employment related indexes showing a notable rise.
Japan Times
BUSINESS / Companies
Aug 10, 2020
Department stores push yukata as online pandemic party attire
The pandemic has caused many summer festivals and fireworks shows in the country to be canceled.
Japan Times
BUSINESS / Economy
Aug 7, 2020
Household spending data signals recovery in Japan from spring coronavirus slump
The figure fell compared on the year for the ninth straight month, continuing the trend that began in October when the consumption tax rate was raised to 10 percent.
Japan Times
BUSINESS / Companies
Jul 31, 2020
Amazon plows through pandemic with record profits
The firm is one of the few to have kept operating during the pandemic, and has invested in COVID-19 business mitigation measures.
Japan Times
BUSINESS / Economy / FOCUS
Jul 27, 2020
Coronavirus resurgence endangers Japan’s economic recovery scenario
Consumer mood may be headed for another downward swing, which would be devastating for companies that barely survived the initial pandemic damage.
When will Japan intervene to support the yen?
Finance Minister Shunichi Suzuki has reiterated the government's readiness to take an appropriate action as the yen continues to slide against the U.S. dollar.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
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.
Yen rebounds strongly after first slide past ¥160 since 1990
The yen dropped to ¥160.245 per dollar on Monday before heading into the other direction to ¥155.01 amid speculation of an intervention by Japanese currency authorities.
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.
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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