Japanese firms forecast 0.9% inflation over next year

Business / Economy Oct 2, 2019

Japanese firms forecast 0.9% inflation over next year

Companies on average expect domestic consumer prices to rise 0.9 percent in a year's time, a quarterly Bank of Japan survey for September showed Wednesday. The expected rate was unchanged from the previous poll in June, the BOJ said. The average projected inflation rate was 1.0 ...

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 ...

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 ...