Japan Jobless Rate Holds Steady At 2.6%
(RTTNews) - The unemployment rate in Japan was a seasonally adjusted 2.6 percent in March, the Ministry of Internal Affairs and Communications said on Tuesday.
That was unchanged from the February reading, although it missed forecasts for 2.5 percent.
The jobs-to-applicant ratio was 1.28, which exceeded expectations for 1.26 - which would have been unchanged from one month prior.
The participation rate came in at 62.8 percent - in line with expectations and unchanged from the previous month.
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Japan Inflation Slows For Second Month
Japan's core inflation weakened for the second consecutive month in April, but the slowdown is likely to be temporary given the expected increase in wages and a weaker yen adding upward pressure on import prices, and this is set to keep the Bank of Japan cautious regarding the future path of interest rates. Core inflation that excludes fresh food softened to 2.2 percent from 2.6 percent.
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Japan GDP Slumps 0.5% In Q1
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.
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Japan Producer Prices Rise 0.3% In April
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Japan M2 Money Stock Slows To 2.2% In April
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Japan Has Y3.398 Trillion Current Account Surplus
Japan posted a current account surplus of 3.398 trillion yen in March, the Ministry of Finance said on Friday - up 44 percent from the previous year.
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15 days ago
Japan Household Spending Slips 1.2% On Year In March
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Japan Services Sector Accelerates In April - Jibun
The services sector in Japan continued to expand in April, and at a faster pace, the latest survey from Jibun Bank revealed on Tuesday with a services PMI score of 54.3.
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Japan Monetary Base Climbs 2.1% On Year In April
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23 days ago
