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Japan Household Spending Sinks 1.8% In April
(RTTNews) - The average of household spending in Japan was down a seasonally adjusted 1.8 percent on month in April, the Ministry of Internal Affairs and Communications said on Friday - coming in at 325,717 yen.
That missed forecasts for a decline of 0.8 percent following the 0.4 percent increase in March.
On a yearly basis, household spending dipped 0.1 percent - again missing estimates for an increase of 1.5 percent and down from 2.1 percent in the previous month.
The average of monthly income per household stood at 589,528 yen, roughly unchanged from the previous year.
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Bank Of Japan Keeps Rate On Hold; Lifts Inflation Forecast On Rising Food Prices
The Bank of Japan maintained its interest rate but lifted its inflation outlook due to rising food prices, which had added expectations of an rate hike as soon as in October.
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
The value of retail sales in Japan was up 2.0 percent on year in June, the Ministry of Economy, Trade and Industry said on Thursday - coming in at 12.966 trillion yen.
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Japan Industrial Output Climbs 1.7% In June
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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Japan Producer Prices Ease To 3.2% On Year In June
Producer prices in Japan were up 3.2 percent on year in June, the Bank of Japan said on Friday.
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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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Japan Has Y153.1 Billion Trade Surplus In June
Japan posted a seasonally adjusted merchandise trade surplus of 153.1 billion yen in June, the Ministry of Finance said on Thursday.
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Japan Core Machinery Orders Sink 0.6% In May
The value of core machinery orders in Japan was down a seasonally adjusted 0.6 percent on month in May, the Cabinet Office said on Monday - coming in at 913.5 billion yen.
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Japan Producer Prices Slip 0.2% In June
Producer prices in Japan were down 0.2 percent on month in June, the Bank of Japan said on Thursday.
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