Japan Producer Prices Rise 0.3% In April
(RTTNews) - Producer prices in Japan were up 0.3 percent on month in April, the Bank of Japan said on Tuesday - accelerating from 0.2 percent in March.
On a yearly basis, producer prices rose 0.9 percent - unchanged from the previous month following an upward revision from 0.8 percent.
Export prices were up 0.4 percent on month and 1.3 percent on year, the bank said, while import prices fell 0.1 percent on month and 4.3 percent on year.
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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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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.
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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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