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Japan GDP Adds 0.6% On Quarter In Q4
(RTTNews) - 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.
That was down from the first estimate for a 0.7 percent increase but still up from 0.3 percent in the three months prior.
On an annualized basis, GDP was up 2.2 percent - down from 2.8 percent in the first estimate but up from 1.2 percent in the third quarter.
Capital expenditure was up 0.6 percent on quarter, beating forecasts for 0.5 percent after slipping 0.1 percent in the previous quarter.
External demand was up 0.7 percent on quarter, while private consumption was flat.
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Japan Household Spending Adds 0.8% On Year In January
The average of household spending in Japan was up 0.8 percent on year in January, the Ministry of Internal Affairs and Communications said on Tuesday - coming in at 305,521 yen.
RTTNews
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22 h 13 min atrás
Japan Overall Bank Lending +3.1% On Year In February
The value of overall bank lending in Japan was up 3.1 percent on year in February, the Bank of Japan said on Monday - coming in at 635.468 trillion yen.
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1 dia atrás
Japan Has Y257.6 Billion Current Account Shortfall
Japan posted a current account deficit of 257.6 billion yen in January, the Ministry of Finance said on Monday.
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1 dia atrás
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.
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7 dias atrás
Japan Industrial Production Sinks 1.1% In January
Industrial output in Japan dropped a seasonally adjusted 1.1 percent on month in January, the Ministry of Economy, Trade and Industry said on Friday.
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11 dias atrás
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.
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11 dias atrás
Japan Industrial Output Slips 1.1% In January
Industrial production in Japan was down a seasonally adjusted 1.1 percent on month in January, the Ministry of Economy, Trade and Industry said on Friday.
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11 dias atrás
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.
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18 dias atrás
