Japan GDP Slumps 0.5% In Q1
(RTTNews) - Japan's gross domestic product contracted a seasonally adjusted 0.5 percent on quarter in the first quarter of 2024, the Cabinet Office said on Thursday.
That missed expectations for a decline of 0.3 percent after adding 0.2 percent in the previous three months.
On a yearly basis, GDP slumped 2.0 percent - again missing estimates for a decline of 1.5 percent after rising 0.4 percent in the three months prior.
Capital expenditure dropped 0.8 percent on quarter after rising 1.8 percent in the previous quarter, while external demand fell 0.3 percent on quarter after gaining 0.2 percent. Private consumption shed 0.7 percent on quarter after dipping 0.4 percent in Q4.
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Japan GDP Adds 0.2% On Quarter In Q3
Japan's gross domestic product expanded by a seasonally adjusted 0.2 percent on quarter in the third quarter of 2024, the Cabinet Office said in Friday's preliminary report.
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Japan Producer Prices Rise 0.2% In October
Producer prices in Japan were up 0.2 percent on month in October, the Bank of Japan said on Wednesday.
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Japan M2 Money Stock Climbs 1.2% On Year In October
The M2 money stock was up 1.2 percent on year in October, the Bank of Japan said on Tuesday - coming in at 1,249.8 trillion yen.
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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.
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Japan Household Spending Slips 1.1% On Year In September
The average of household spending in Japan was down 1.1 percent on year in September, the Ministry of Economy, Trade and Industry said on Friday - coming in at 287,963 yen.
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10 วันที่ผ่านมา
Japan Services PMI Falls To 49.7 In October - Jibun
The services sector in Japan fell into contraction territory in October, the latest survey from Jibun Bank revealed on Wednesday with a services PMI of 49.7.
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12 วันที่ผ่านมา
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.
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12 วันที่ผ่านมา
Japan Manufacturing PMI Slips To 49.2 In October - Jibun
The manufacturing sector in Japan continued to contract in October, and at a faster rate, the latest survey from Jibun Bank revealed on Friday with a manufacturing PMI score of 49.2.
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