Japan Producer Prices Rise 0.2% In October

RTTNews | 2日前
Japan Producer Prices Rise 0.2% In October

(RTTNews) - Producer prices in Japan were up 0.2 percent on month in October, the Bank of Japan said on Wednesday.

That exceeded expectations for a flat reading and was down from the upwardly revised 0.3 percent in September (originally flat).

On a yearly basis, producer prices climbed 3.4 percent - again beating forecasts for 2.9 percent and up from the upwardly revised 3.1 percent in the previous month (originally 2.9 percent).

Export prices were flat on month and up 0.6 percent on year, the bank said, while import prices fell 0.2 percent on month and 2.1 percent on year.

read more
BoJ Cautious On Rate Hike Timing, October Summary Shows

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.
RTTNews | 3日前
BoJ Minutes: Japan Economy Shows Modest Recovery

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.
RTTNews | 9日前
Bank Of Japan Keeps Key Rate Unchanged

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.
RTTNews | 14日前