Japan M2 Money Stock Climbs 1.2% On Year In October
(RTTNews) - 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.
That was shy of expectations for an increase of 1.5 percent but was unchanged from the September reading following a downward revision from 1.3 percent.
The M3 money stock was up an annual 0.7 percent for the second straight month, while the L money stock increased 3.2 percent on year for the third straight month.
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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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BoJ Cautious On Rate Hike Timing, October Summary Shows
The Bank of Japan board members said they need to be cautious on the timing of future rate hike, a summary of opinions showed on Monday. "As the Bank has been expecting to raise the policy interest rate at a moderate pace, it has time to monitor the future course of the U.S. economy, including that after the presidential election," one member was quoted as saying at the October monetary policy meeting.
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Japan Household Spending Slips 1.1% On Year In September
The average of household spending in Japan was down 1.1 percent on year in September, the Ministry of Economy, Trade and Industry said on Friday - coming in at 287,963 yen.
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Japan Services PMI Falls To 49.7 In October - Jibun
The services sector in Japan fell into contraction territory in October, the latest survey from Jibun Bank revealed on Wednesday with a services PMI of 49.7.
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BoJ Minutes: Japan Economy Shows Modest Recovery
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.
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Japan Manufacturing PMI Slips To 49.2 In October - Jibun
The manufacturing sector in Japan continued to contract in October, and at a faster rate, the latest survey from Jibun Bank revealed on Friday with a manufacturing PMI score of 49.2.
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Bank Of Japan Keeps Key Rate Unchanged
The Bank of Japan left its key interest rate unchanged as widely expected on Thursday and retained a cautious approach as political instability and looming US presidential election added concerns about economic outlook. In a unanimous vote, the Policy Board decided to maintain the uncollateralized overnight call rate to remain at around 0.25 percent. This was the highest since late 2008.
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Japan Retail Sales Gain 0.5% On Year In September
The value of retail sales in Japan was up 0.5 percent on year in September, the Ministry of Economy, Trade and Industry said on Thursday - coming in at 13.489 trillion yen.
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