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Japan Has Y1.077 Trillion Current Account Surplus
(RTTNews) - Japan posted a current account surplus of 1.077 trillion yen in December, the Ministry of Finance said on Monday - up 17.8 percent on year.
It was, however, shy of expectations for a surplus of 1.362 trillion yen and down from the 3.353 trillion yen surplus in November.
Exports were down 0.9 percent on year at 9.473 trillion yen and imports dipped an annual 0.3 percent to 9.411 trillion yen for a surplus of 62.3 billion yen.
The capital account saw a deficit of 18.4 billion yen, while the financial account had a surplus of 2.429 trillion yen.
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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
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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
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Japan Has Y153.1 Billion Trade Surplus In June
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Japan Core Machinery Orders Sink 0.6% In May
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Japan Producer Prices Slip 0.2% In June
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