Japan Jobless Rate Falls To 2.4% In September
(RTTNews) - The unemployment rate in Japan came in at a seasonally adjusted 2.4 percent in September, the Ministry of Internal Affairs and Communications said on Tuesday.
That was below expectations for 2.5 percent, which would have been unchanged from the August reading.
The jobs-to-applicant ratio was 1.24 - beating forecasts for 1.23, which again would have been unchanged from the previous month.
The participation rate was 63.5 percent, shy of forecasts for 63.6 percent, which would have been steady from a month prior.
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Japan Producer Prices Rise 0.3% In December
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The services sector in Japan continued to expand in December, and at a faster rate, the latest survey from Jibun Bank revealed on Monday with a services PMI score of 50.9.
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The manufacturing sector in Japan continued to contract in December, albeit at a slower pace, the latest survey from Jibun Bank revealed on Monday with a manufacturing PMI score of 49.6.
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BoJ Minutes: Japan Economy Growing Above Trend
Members of the Bank of Japan's Monetary Policy Board noted that Japan's economy is growing consistently and is expected to continue expanding above trend, minutes from the central bank's October 30-31 meeting revealed on Tuesday.
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Japan Inflation Rises 2.9% On Year In November
Consumer prices in Japan were up 2.9 percent on year in November, the Ministry of Communications and Internal Affairs said on Friday.
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