NEWSWORTHY
Japan's inflation held steady at 1.0% in October, but could wane in coming months
Japan's underlying inflation rate held steady at 1.0 percent in October, government data showed Thursday, though a recent fall in global oil prices could weaken momentum. The year-on-year increase in core consumer prices, which exclude fresh food prices because of their volatility, was unchanged from ...
Bank of Japan's price forecasts are headed for another crash with oil
The sharp slide in oil prices threatens to halve Japan's inflation rate over the next six months, while cheaper mobile phone bills and free nursery education could even push it below zero. This view from private sector economists is very much at odds with the ...
Some rising prices should be taken with a grain of salt
For the first time in almost three decades the Salt Industry Center of Japan has announced it will raise the price on many of its products by around 15 percent, indicating inflation has finally arrived in at least some industries. "Costs have been rising for ...
The BOJ is too focused on 2% inflation target
Bank of Japan downgrades economic growth and inflation forecast as its 2% goal remains out of reach
Speaking at a news conference, BOJ Gov. Haruhiko Kuroda denied that the revisions represented a large shift in the bank’s outlook.
Tokyo inflation holds steady, offering little cheer for Bank of Japan
Tokyo's core consumer price inflation was unchanged in October from the previous month, government data showed Friday, offering little encouragement for Japan's central bank as it struggles to reach its ambitious 2 percent inflation target. The data comes ahead of the Bank of Japan's rate ...
U.S. manufacturers say tariffs are pushing prices higher: Fed
U.S. factories have raised their prices because of tariffs, although inflation has appeared modest or moderate in most parts of the country, the Federal Reserve said on Wednesday in its latest report on the economy. The U.S. central bank also said in its latest Beige ...
Investors' gloomy take on Japan may be upended by inflation, analysts say
The Abenomics trade is so 2013. Foreign investors haven't been much interested in Japan lately, despite the strongest economy in two decades. What could turn that around, some market observers say, is a surprise revival of inflation. While the official consumer price index rose at ...
Energy price surge seen fueling 1% September jump in Japan's inflation
Japan's key inflation gauge edged up in September, bringing the Bank of Japan back to the halfway point toward its price target, though gains are still largely limited to energy. The acceleration in Japan's inflation backs up BOJ Gov. Haruhiko Kuroda's decision Thursday to upgrade ...
Venezuela's annual inflation hit 488,865% in September: congress
Venezuelan consumer prices rose 488,865 percent in the 12 months ending in September, a member of the opposition-run congress reported on Monday, as the OPEC nation's hyperinflation continues to accelerate amid a broader economic collapse. Daily inflation is now 4 percent, according to opposition legislator ...
Japan firms' inflation expectations slipped after BOJ policy shift, tankan shows
Companies' expectations for inflation over the next year have receded slightly after the Bank of Japan conceded it will take some time to reach its inflation target, according to the central bank's latest tankan survey. Firms expect consumer prices to have risen 0.8 percent a ...
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 ...
