Japan Household Spending Sinks 1.9% On Year In August
(RTTNews) - The average of household spending was down 1.9 percent on year in August, the Ministry of Economy, Trade and Industry said on Tuesday - coming in at 297,487 yen.
That beat forecasts for a decline of 2.6 percent following the 0.1 percent increase in July.
The average of monthly income per household stood at 574,334 yen, up 2.0 percent on year.
On a monthly basis, household spending rose 2.0 percent - again exceeding expectations for a gain of 0.5 percent after slumping 1.7 percent in the previous month.
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Japan Producer Prices Climb 2.9% On Year In October
Producer prices in Japan were up 2.9 percent on year in October, the Bank of Japan said on Tuesday.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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