Japan Producer Prices Jump 0.7% In May

RTTNews | 38 days ago
Japan Producer Prices Jump 0.7% In May

(RTTNews) - Producer prices in Japan were up 0.7 percent on month in May, the Bank of Japan said on Wednesday.

That exceeded expectations for an increase of 0.4 percent and was up from the upwardly revised 0.5 percent gain in April (originally 0.3 percent).

On a yearly basis, producer prices climbed 2.4 percent - again topping forecasts for 2.0 percent and accelerating from the upwardly revised 1.1 percent gain in the previous month (originally 0.9 percent).

The export price index rose 0.1 percent on month, the bank said, while the import price index rose 0.9 percent.

read more
Japan Core Inflation Rises In June

Japan Core Inflation Rises In June

Japan's core inflation rose for the second straight month in June, keeping alive hopes of another interest rate hike. Core inflation that excludes fresh food edged up to 2.6 percent in June from 2.5 percent in May. However, this was slightly below economists' forecast of 2.7 percent, the Ministry of Internal Affairs and Communications said.
RTTNews | 1 day ago
Japan Core Machine Orders Sink 3.2% In May

Japan Core Machine Orders Sink 3.2% In May

The value of core machine orders in Japan was down a seasonally adjusted 3.2 percent on month in May, the Cabinet Office said on Thursday - coming in at 857.8 billion yen.
RTTNews | 9 days ago
BoJ Tankan: Large Manufacturers Pick Up Steam

BoJ Tankan: Large Manufacturers Pick Up Steam

Large manufacturing in Japan strengthened in the second quarter of 2024, the Bank of Japan's quarterly Tankan Survey of business sentiment showed on Monday with a diffusion index score of +13.
RTTNews | 19 days ago