Japan Retail Sales Gain 2.6% In July

RTTNews | 130 days ago
Japan Retail Sales Gain 2.6% In July

(RTTNews) - The value of retail sales in Japan was up 2.6 percent on year in July, the Ministry of Economy, Trade and Industry said on Friday - coming in at 14.309 trillion yen.

That missed forecasts for an increase of 2.8 percent and was down from 3.8 percent in June.

Commercial Sales added 2.5 percent on month and 7.5 percent on year to 53.440 trillion yen.

Wholesale sales rose 3.1 percent on month and 9.9 percent on year to 39.131 trillion yen.

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BoJ Minutes: Japan Economy Growing Above Trend

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 | 14 days ago
BoJ Keeps Rate Unchanged For Third Straight Session

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.
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