Minivehicle prices surge in low inflation-mired Japan

Business Aug 18, 2019

Minivehicle prices surge in low inflation-mired Japan

In deflation-plagued Japan, the minivehicle market has seen a surge in prices over the past decade. The average price of minivehicles with an engine displacement of 660 cc or less stood at ¥1.42 million ($13,400) as of July, up 36 percent from ¥1.04 million in ...

Trump calls on Fed to make 'substantial' rate cuts

Business / Economy Aug 9, 2019

Trump calls on Fed to make 'substantial' rate cuts

President Donald Trump is not letting up on his attacks on the Federal Reserve, calling for "substantial" Fed rate cuts to allow the dollar to fall in value against foreign currencies. In a series of tweets Thursday, Trump said, "As your president, one would think ...

Business / Economy Jun 21, 2019

Core consumer prices in Japan rose 0.8% on year in May

Core consumer prices rose 0.8 percent in May, due to higher energy costs, but the year-on-year gain slowed from the previous month despite the Bank of Japan's 2 percent inflation target, government data shows. The nationwide core consumer price index, which excludes volatile fresh food ...

Japan's core consumer prices rose 0.9% on year in April

Business / Economy May 24, 2019

Japan's core consumer prices rose 0.9% on year in April

Core consumer prices rose 0.9 percent in April from a year earlier due to robust demand for overseas package tours and rising energy prices, government data showed Friday. The core consumer price index, which excludes volatile fresh food items, increased for the 28th straight month ...