Japan Overall Inflation Climbs 3.2% On Year In May
(RTTNews) - Overall consumer prices in Japan were up 3.2 percent on year in May, the Ministry of Internal Affairs and Communications said on Friday.
That was well shy of estimates for 4.1 percent and down from 3.5 percent in April.
On a monthly basis, consumer prices rose 0.1 percent - slowing from 0.6 percent a month earlier.
Core CPI, which excludes the volatile prices of food, also rose an annual 3. Percent - exceeding expectations for an increase of 3.2 percent and down from 3.4 percent in the previous month.
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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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Japan Core Machinery Orders Sink 3.7% In July
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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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Japan GDP Growth Revised Up To 1.4%
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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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Japan Manufacturing Sector Accelerates In August - S&P Global
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Japan Industrial Output Rises 0.1% In July
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