Tokyo Overall Inflation Climbs 3.5% On Year In April

RTTNews | 683 days ago
Tokyo Overall Inflation Climbs 3.5% On Year In April

(RTTNews) - Overall consumer prices in the Tokyo region of Japan were up 3.5 percent on year in April, the Ministry of Internal Affairs and Communications said on Friday.

That exceeded expectations for an increase of 3.1 percent and was up from 3.3 percent in March.

Core CPI, which excludes the volatile prices of food, also rose an annual 3.5 percent. That topped forecasts for an increase of 3.2 percent, which would have been unchanged from the previous month.

read more
Japan GDP Adds 0.6% On Quarter In Q4

Japan GDP Adds 0.6% On Quarter In Q4

Japan's gross domestic product expanded a seasonally adjusted 0.6 percent on quarter in the fourth quarter of 2024, the Cabinet Office said in Tuesday's second preliminary estimate.
RTTNews | 4h 5min ago
Japan Capex Falls Unexpectedly; Jobless Rate Steady At 2.5%

Japan Capex Falls Unexpectedly; Jobless Rate Steady At 2.5%

Capital investment of Japanese companies declined unexpectedly in the fourth quarter and the jobless rate remained in January, official data revealed Tuesday. Investment in plant and machinery dropped 0.2 percent, in contrast to the sharp 8.1 percent increase in the third quarter, the Ministry of Finance reported. Investment declined for the first time in nearly four years.
RTTNews | 6 days ago
Japan Retail Sales Rise 0.5% In January

Japan Retail Sales Rise 0.5% In January

The value of retail sales in Japan was up a seasonally adjusted 0.5 percent on month in January, the Ministry of Economy, Trade and Industry said on Friday - coming in at 13.623 billion yen.
RTTNews | 11 days ago
Japan Core Inflation At 19-Month High Raises Chances Of Rate Hike

Japan Core Inflation At 19-Month High Raises Chances Of Rate Hike

Japan's core inflation accelerated to a 19-month high in January, bolstering the chances of another interest rate hike by the Bank of Japan. Core inflation that excludes fresh food rose more-than-expected to 3.2 percent from 3.0 percent in December, the Ministry of Internal Affairs and Communications said Friday. This was the fastest since June 2023 and was slightly above forecast of 3.1 percent.
RTTNews | 17 days ago