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Japan Overall Bank Lending Rises 3.4% On Year In May
(RTTNews) - Overall bank lending in Japan was up 3.4 percent on year in May, the Bank of Japan said on Thursday - coming in at 602.335 trillion yen.
That exceeded expectations for an increase of 3.1 percent and was up from 3.2 percent in April.
Excluding trusts, lending climbed an annual 3.8 percent to 525.376 trillion yen - accelerating from 3.5 percent in the previous month.
Lending from trusts rose 1.1 percent on year to 76.959 trillion yen, steady from the previous month.
Lending from foreign banks spiked an annual 8.7 percent to 3.729 trillion yen, up from 8.1 percent 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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BoJ Minutes: Japan Economy Continues To Recover
Members of the Bank of Japan's Monetary Policy Board felt that the country's economic recovery is continuing at an acceptable pace, minutes from the central bank's June 16-17 monetary policy meeting revealed on Tuesday - although it is starting to show signs of slowing.
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Japan Monetary Base Slips 3.9% On Year In July
The monetary base in Japan was down 3.9 percent on year in July, the Bank of Japan said on Monday - coming in at 643.896 trillion yen.
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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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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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