Japan Monetary Base Drops 1.0% On Year In December
(RTTNews) - The monetary base in Japan was down 1.0 percent on year in December, the Bank of Japan said on Tuesday - coming in at 658.524trillion yen.
That missed expectations for an annual decline of 0.2 percent following the downwardly revised 0.3 percent contraction in November (originally -0.1 percent).
Banknotes in circulation were down 0.6 percent, while coins in circulation fell 1.4 percent and current account balances slumped 1.2 percent - including a2.2 percent increase in reserve balances.
The adjusted monetary base dropped an annual 5.8 percent at 674.471 trillion yen.
The overall monetary base was down 0.5 percent on year in the fourth quarter of 2024; for all of 2024, the base rose 1.0 percent.
read more
Japan Services PMI Climbs To 50.9 In December - Jibun Bank
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.
RTTNews
|
2 days ago
Japan Manufacturing PMI Improves To 49.6 In December - Jibun
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.
RTTNews
|
9 days ago
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.
RTTNews
|
15 days ago
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.
RTTNews
|
19 days ago
BoJ Keeps Rate Unchanged For Third Straight Session
The Bank of Japan left its key interest rates unchanged for the third straight session on Thursday as it awaits more information on spring wage negotiations amid higher uncertainty over the US government policies. At the policy board meeting, members voted 8-1 to maintain the uncollateralized overnight call rate to remain at around 0.25 percent. This was the highest since late 2008.
RTTNews
|
20 days ago
Japan Has Y117.6 Billion Trade Deficit In November
Japan posted a merchandise trade deficit of 117.6 billion yen in November, the Ministry of Finance said on Wednesday.
RTTNews
|
21 days ago
Japan Manufacturing PMI Improves To 49.5 In December - Jibun
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 49.5.
RTTNews
|
23 days ago
Japan Core Machine Orders Climb 2.1% In October
The value of core machine orders in Jaan was up a seasonally adjusted 2.1 percent on month in October, the Cabinet Office said on Monday - coming in at 869.8 billion yen.
RTTNews
|
23 days ago
