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Japan Has 776.9 Billion Trade Shortfall In November
(RTTNews) - Japan posted a merchandise trade deficit of 776.9 billion yen in November, the Ministry of Finance said on Wednesday.
That exceeded expectations for a shortfall of 962.4 billion yen following the 661.0 billion yen deficit in October.
Imports were down 11.9 percent on year to 9.596 trillion yen. That missed forecasts for a decline of 8.6 percent following the 12.5 percent drop in the previous month.
Exports slipped an annual 0.2 percent to 8.819 trillion yen versus forecasts for an increase of 1.5 percent following the 1.6 percent gain a month earlier.
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Japan Services PMI Picks Up Steam In July - Jibun
The services sector in Japan continued to expand in July, and at a faster pace, the latest survey from Jibun Bank revealed on Tuesday with a services PMI score of 53.6.
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The policy board unanimously decided to hold the uncollateralized overnight call rate to remain at around 0.5 percent.
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Japan Retail Sales Jump 2.0% In June
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Industrial production in Japan was up a seasonally adjusted 1.7 percent on month in June, the Ministry of Economy, Trade and Industry said on Thursday.
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Tokyo Inflation Slows To 2.9% Annually In July
Overall consumer prices in the Tokyo region of Japan were up 2.9 percent on year in July, the Ministry of Internal Affairs and Communications said on Friday.
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