Japan Monetary Base Slumps 2.5% On Year In January

RTTNews | 159 days ago
Japan Monetary Base Slumps 2.5% On Year In January

(RTTNews) - The monetary vase in Japan was down 2.5 percent on year in January, the Ban of Japan said on Tuesday - coming in at 651.107 trillion yen.

That was well shy of expectations for a decline of 0.5 percent following the downwardly revised 1.0 percent contraction in December (originally -0.9 percent).

Banknotes in circulation were down an annual 0.6 percent for the second straight month, while coins in circulation dropped 1.4 percent for the fifth consecutive month.

Current account balances were down 3.0 percent on year, including a 0.6 percent increase in reserve balances.

The adjusted monetary base tumbled 23.9 percent.

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Japan Industrial Output Adds 0.5% In May

Japan Industrial Output Adds 0.5% In May

Industrial production in Japan was up a seasonally adjusted 0.5 percent on month in May, the ministry of Economy, Trade and Industry said on Monday.
RTTNews | 13 days ago