Commentary / World Jun 27, 2021
by Yu Yongding
As a developing economy with a per capita income of just over $10,000, China can tolerate higher inflation better than developed economies can.
Business / Economy May 1, 2020
Deflation fears reignited as pandemic hits consumer prices in Japan
Core consumer prices in the capital, a leading indicator of nationwide inflation trends, slipped 0.1% in April from a year earlier, government data showed.
Business / Economy Sep 21, 2018
Japan inflation ticks up but central bank's target still out of reach
The nation's annual core consumer inflation ticked up slightly in August but remained distant from the Bank of Japan's 2 percent target, suggesting that monetary policy will stay ultraloose for the time being. The proportion of items in the inflation gauge that rose in price ...
Business / Economy Mar 23, 2018
Bank of Japan gets halfway to inflation target, but stronger yen clouds outlook
Japan's key inflation gauge ticked up in February, putting the Bank of Japan halfway to its goal of 2 percent. Yet a strengthening yen and the threat of a global trade war underscore the central bank's vulnerability to global markets and events. The core consumer ...
Business / Economy Feb 23, 2018
Japan's inflation rate steady at 0.9% in January due to energy costs
Japan's key inflation rate remained at 0.9 percent in January on higher energy costs, almost matching market forecasts and still below the Bank of Japan's 2 percent target, government data showed Friday. The year-on-year change in the core consumer price index, which excludes volatile fresh ...
Business / Economy Dec 26, 2017
Japan's jobless rate improved to a 24-year low as spending rose in November
The latest batch of data confirms that the job market continued to tighten as the economy expanded for the seventh straight quarter in July-September.
Business / Economy Oct 27, 2017
Japan's consumer prices rise for ninth month, but inflation remains way off target
Japan's core consumer prices marked a ninth straight month of annual gains in September but failed to accelerate from the previous month, underscoring the central bank's huge task as it struggles to meet an ever-elusive 2 percent inflation target. Most of September's scant inflation was ...
Business / Economy Sep 29, 2017
Japan's strong inflation, factory output point to robust recovery
by Leika Kihara and Stanley White
A flurry of positive Japanese economic indicators bolsters optimism about the world’s No. 3 economy.
Business / Economy Mar 9, 2017
Japan's real wages flat in January, but nominal wages up for fourth straight month
Inflation-adjusted wages remained flat in January compared with a year earlier, while nominal wages, including bonuses, rose 0.5 percent to ¥270,274, for the fourth consecutive monthly increase, the government said Thursday. Average base pay and other scheduled wages — the largest portion of monthly wages ...
Business / Economy Oct 28, 2016
CPI logs seventh consecutive drop in September as weak spending clouds BOJ inflation outlook
Core consumer prices fell for the seventh month straight and household spending slumped in September, endorsing the Bank of Japan's view it will take more time for inflation to accelerate to its 2 percent target as the economy stagnates. While the sluggish indicators come as ...
Business / Economy Sep 23, 2016
Amid strong yen, 'tankan' survey predicted to show business mood mixed
Japanese manufacturers' mood improved for the first time in five quarters while service sector confidence worsened to the lowest since 2014, a Reuters poll showed, as the effects of a strong yen filtered through the economy. The Bank of Japan's quarterly tankan business sentiment survey ...
Business / Economy Jul 29, 2016
Japan's consumer prices off for fourth straight month in June
Japan's consumer prices fell 0.5 percent in June from a year earlier for the fourth straight month of decline, the government said Friday, adding pressure on the Bank of Japan to further ease monetary policy to boost inflation. The core consumer price index, which excludes ...