BoJ Minutes: Japan Economy Shows Modest Recovery
(RTTNews) - members of the Bank of Japan's Monetary Policy Board agreed that Japan's economy has recovered modestly, and is expected to continue to do so, minutes from the board's September 19-20 monetary policy meeting revealed on Wednesday.
Some uncertainties remain for Japan's economy, the members added - mostly from some fluid developments overseas.
Services prices have continued to rise moderately, reflecting wage increases, the minutes showed. Annual inflation is projected to be pushed up through fiscal 2025.
At the meeting, the BoJ kept its benchmark interest rate unchanged at 0.25 percent, as widely expected. The BoJ ended its negative interest rate policy in March.
read more
Japan Manufacturing PMI Slips To 49.0 In November - Jibun
The manufacturing sector in Japan continued to contract in November, and at a faster pace, the latest survey from Jibun Bank revealed on Friday with a manufacturing PMI score of 49.0.
RTTNews
|
hace 3
Japan Consumer Prices Rise 2.3% On Year In October
Overall consumer prices in Japan were up 2.3 percent on year in October, the Ministry of Internal Affairs and Communications said on Friday.
RTTNews
|
hace 3
Japan Has Y461.2 Billion Trade Shortfall
Japan posted a merchandise trade deficit of 461,2 billion yen in October, the Ministry of Finance said on Wednesday.
RTTNews
|
hace 5
BoJ Chief Says Future Rate Decisions Will Be Data Dependent
Bank of Japan Governor Kazuo Ueda said the future interest rate decisions will be data-dependent and avoided giving clear idea about the timing of the next rate hike. At each monetary policy meeting, the BoJ will make policy decisions based on its assessment of economic activity and prices with the data and information available at the time of each meeting, Ueda told business leaders in Nagoya.
RTTNews
|
hace 6
Japan Core Machine Orders Slip 0.7% In September
The total value of core machine orders in Japan was down a seasonally adjusted 0.7% on Month in September, the Cabinet Office said on Monday - coming in at 852.0 billion yen.
RTTNews
|
hace 7
Japan GDP Adds 0.2% On Quarter In Q3
Japan's gross domestic product expanded by a seasonally adjusted 0.2 percent on quarter in the third quarter of 2024, the Cabinet Office said in Friday's preliminary report.
RTTNews
|
hace 10
Japan Producer Prices Rise 0.2% In October
Producer prices in Japan were up 0.2 percent on month in October, the Bank of Japan said on Wednesday.
RTTNews
|
hace 12
Japan M2 Money Stock Climbs 1.2% On Year In October
The M2 money stock was up 1.2 percent on year in October, the Bank of Japan said on Tuesday - coming in at 1,249.8 trillion yen.
RTTNews
|
hace 13
