Japan Retail Sales Rise 4.3% On Year In October

RTTNews | hace 904
Japan Retail Sales Rise 4.3% On Year In October

(RTTNews) - The value of retail sales in Japan was up 4.3 percent on year in October, the Ministry of Economy, Trade and Industry said on Tuesday - coming in at 13.082 trillion yen.

That missed expectations for an increase of 4.5 percent following the upwardly revised 4.8 percent gain in September (originally 4.5 percent).

On a seasonally adjusted monthly basis, retail sales rose 0.2 percent - slowing from 1.5 percent in the previous month.

The report also showed that commercial sales jumped 0.3 percent on month and 5.9 percent on year to 49.698 trillion yen, while wholesale sales gained 0.3 percent on month and 6.4 percent on year to 36.616 trillion yen.

read more
Japan GDP Slips 0.2% On Quarter In Q1

Japan GDP Slips 0.2% On Quarter In Q1

The Japanese economy contracted a seasonally adjusted 0.2 percent on quarter in the first quarter of 2025, the Cabinet Office said on Friday - missing expectations for a decline of 0.1 percent following the 0.6 percent gain in the three months prior.
RTTNews | hace 5
Bank Of Japan Retains Rate As Expected; Cuts Growth Outlook Amid Tariff Uncertainty

Bank Of Japan Retains Rate As Expected; Cuts Growth Outlook Amid Tariff Uncertainty

The Bank of Japan left its interest rate unchanged for the second consecutive meeting on Thursday, and downgraded its growth projections citing trade tariff threats. The policy board decided, by a unanimous vote, to hold the uncollateralized overnight call rate to remain at around 0.50 percent. This was the highest level since the global financial crisis in 2008.
RTTNews | hace 19