Japan Q1 GDP Unrevised At -0.5% On Quarter
(RTTNews) - Japan's gross domestic product contracted a seasonally adjusted 0.5 percent on quarter in the first quarter of 2024, the Cabinet Office said on Monday - matching forecasts and unrevised from last month's advance estimate.
GDP was up 0.1 percent on quarter in the fourth quarter of 2023.
On an annualized basis, GDP was revised up to -1.8 percent from the estimate of -2.0 percent. GDP was up 0.2 percent on year in the three months prior.
Capital expenditure was revised up to -0.4 percent on quarter from -0.8 percent, while private consumption was unchanged at -0.7 percent on quarter.
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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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Japan Industrial Output Climbs 1.4% In September
Industrial production in Japan was up a seasonally adjusted 1.4 percent on month in September, the Ministry of Economy, Trade and Industry said on Thursday.
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Japan Jobless Rate Falls To 2.4% In September
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.
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Tokyo Inflation Falls Below 2%
Inflation in Japan's capital Tokyo fell below 2 percent for the first time since May, data from the Ministry of Internal Affairs and Communications showed Friday. Excluding fresh food, consumer price inflation weakened to 1.8 percent in October from 2.0 percent in September. Inflation was seen at 1.7 percent. The rate fell below 2.0 percent for the first time in five months.
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