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Japan Has Y257.6 Billion Current Account Shortfall
(RTTNews) - Japan posted a current account deficit of 257.6 billion yen in January, the Ministry of Finance said on Monday.
That missed forecasts for a shortfall of 230 billion yen following the 1.077 trillion yen surplus in December.
Exports were up 2.1 percent on year at 7.502 trillion yen and imports surged an annual 17.7 percent to 10.440 trillion yen for a trade deficit of 2.937 trillion yen.
The capital account saw a deficit of 21.9 billion yen, while the financial account had a surplus of 102.9 billion yen.
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Japan Household Spending Rises 1.8% On Year In September
The average of household spending in Japan was up 1.8 percent on year in September, the Ministry of Internal Affairs and Communications said on Friday - coming in at 303,214 yen.
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Japan Services PMI Eases To 53.1 In October - Jibun
The services sector in Japan continued to expand in October, albeit at a slightly slower pace, the latest survey from Jibun Bank revealed on Thursday with a services PMI score of 53.1.
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Japan Monetary Base Drops 7.9% On Year In October
The monetary base in Japan tumbled 7.9 percent on year in October, the Bank of Japan said on Wednesday - coming in at 616.598 trillion yen.
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BoJ Minutes: Japan Economy Recovering But Faces Downside Risks
Members of the Bank of Japan's Monetary Policy Meeting agreed that the country was continuing to see economic recovery, although some downside risks remain, minutes from the central bank's monetary policy meeting on September 17-18 revealed on Wednesday.
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Japan Manufacturing PMI Sinks To 48.2 In October - Jibun Bank
The manufacturing sector in Japan continued to contract in October, and at a faster pace, the latest survey from Jibun Bank revealed on Tuesday with a manufacturing PMI score of 48.2.
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Japan Industrial Output Rebounds; Tokyo Inflation Accelerates
Japan's industrial production rebounded at a stronger-than-expected pace at the end of the third quarter and inflation in Tokyo accelerated further in October, official data revealed Friday. Industrial output advanced 2.2 percent month-on-month, in contrast to the 1.5 percent drop in August, the Ministry of Economy, Trade and Industry said. Output was forecast to grow moderately by 1.5 percent.
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Bank Of Japan Keeps Key Rate On Hold
The Bank of Japan left its interest rate unchanged even as inflation continued to remain above 2 percent, and also left its real growth and inflation outlook more or less unchanged. The policy board of the Bank of Japan decided, by a 7-2 majority vote, to hold the uncollateralized overnight call rate at around 0.5 percent.
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Japan Overall Inflation Climbs 2.9% On Year In September
Overall consumer prices in Japan were up 2.9 percent on year in September, the Ministry of Internal Affairs and Communication said on Friday.
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