7 Articles
7 Articles
TOKYO.— Inflation in Japan is surprisingly strong, which increases the likelihood that the Bank of Japan (BOJ) will raise its interest rate before the end of the year, according to one of the country’s leading price specialists. “It is above what it expected and is very strong this year,” said Tsutomu Watanabe, professor emeritus of economics at the University of Tokyo, in an interview on Friday. “There is no doubt that the BOJ will review upwar…
Japan Household Spending Surges 4.7% Yoy In May, Fastest In Nearly Three Years - Data Intelligence
Japan’s household spending rose 4.7% yoy in May, sharply above expectations of 1.2% yoy and marking the fastest pace of growth since August 2022. Seasonally adjusted monthly spending also surged 4.6% mom, well ahead of the 0.4% mom consensus and the strongest gain since March 2021. The internal affairs ministry attributed the jump to robust demand for cars, dining out, and summer-related appliances. By category, transportation and communications…
Japan household spending surges 4.7% yoy in May, fastest in nearly three years - Action Forex
Japan’s household spending rose 4.7% yoy in May, sharply above expectations of 1.2% yoy and marking the fastest pace of growth since August 2022. Seasonally adjusted monthly spending also surged 4.6% mom, well ahead of the 0.4% mom consensus and the strongest gain since March 2021. The internal affairs ministry attributed the jump to robust […] The post Japan household spending surges 4.7% yoy in May, fastest in nearly three years appeared first…
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