Japan Has Y1,372.5 Billion Trade Deficit In May
(RTTNews) - Japan posted a seasonally adjusted merchandise trade deficit of 1,362.5 billion yen in May, the Ministry of Finance said on Thursday.
That missed expectations for a shortfall of 1,331.9 billion following the 432.3 billion yen deficit in April.
Exports were up 0.6 percent on year to 7,292.6 billion yen, exceeding forecasts for a 0.8 percent decline following the 2.6 percent gain in the previous month.
Imports dropped an annual 9.9 percent to 8,665.1 billion yen versus expectations for a decline of 10.3 percent after slipping 2.3 percent a month earlier.
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Bank Of Japan Raises Rate To 1.25%; Highest Since 1995
The Bank of Japan raised its benchmark rate by a quarter point to a 31-year high amid high inflation and weaker yen. The policy board, governed by Ueda Kazu, decided by a 7-2 majority vote to raise the interest rate to 1.25 percent, marking the highest since 1995. The move was widely anticipated by markets.
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Japan Has Y1.105 Trillion Trade Shortfall In August
Japan posted a merchandise trade deficit of 1.105 trillion yen in August, the Ministry of Finance said on Wednesday.
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4 days ago
Japan Core Machinery Orders Sink 3.7% In July
The total value of core machinery orders in Japan was down a seasonally adjusted 3.7 percent on month in July, the Cabinet Office said on Wednesday - coming in at 1.016 trillion yen.
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Japan Producer Prices Sink 0.2% In August
Producer prices in Japan were down 0.2 percent on month in August, the Bank of Japan said on Friday.
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9 days ago
Japan GDP Growth Revised Up To 1.4%
Japan's economy expanded more than initially estimated in the second quarter largely due to the upward revision to business investment, second estimate from the Cabinet Office showed Tuesday. Gross domestic product grew 1.4 percent on an annualized basis in the second quarter, which was revised up from the preliminary estimate of 1.1 percent.
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11 days ago
Japan Services PMI Improves To 52.5 - S&P Global
The services sector in Japan continued to expand in August, and at a faster pace, the latest survey from S&P Global revealed on Thursday with a Purchasing Managers Index score of 52.5.
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17 days ago
Japan Manufacturing Sector Accelerates In August - S&P Global
The manufacturing sector in Japan continued to expand in August, and at a faster rate, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 54.9.
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19 days ago
Japan Industrial Output Rises 0.1% In July
Industrial production in Japan was up a seasonally adjusted 0.1 percent on month in July, the Ministry of Economy, Trade and Industry said on Monday.
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20 days ago
