Business / Economy May 30, 2016

Japan's retail sales stall as Abe mulls delay to tax hike

The nation's retail sales growth stalled, underscoring weakness in private consumption and increasing the likelihood that Prime Minister Shinzo Abe will delay a sales-tax increase planned for next year. Sales were unchanged in April from the previous month, a government report showed Monday. The median ...

BOJ meets amid backdrop of surprise fall in retail sales

Business / Economy Jan 28, 2016

BOJ meets amid backdrop of surprise fall in retail sales

Retail sales unexpectedly declined in December, indicating weakness in consumer spending as the central bank began a two-day meeting Thursday to decide whether to boost monetary stimulus. The drop adds to concerns that price gains in Japan will remain insufficient to spur economic growth, with ...

Business / Economy Jul 13, 2015

Japan industrial output fell to 2.1% in May

Japan's industrial output fell a seasonally adjusted 2.1 percent in May from the previous month, revised upward slightly from a preliminary 2.2 percent decrease, the Ministry of Economy, Trade and Industry said Monday. The index of output at factories and mines stood at 97.2 against ...

Editorials Mar 5, 2013

Abenomics isn't trickling down yet

Although sales of luxury goods are rising, only when all segments of society begin to loosen their purse strings can it be said that the economy is truly improving.