Tag Japan

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Japanese wholesale prices up 9% in August

Wholesale prices in Japan rose by 9% year-on-year in August. This is in line with the annual growth rate in July and indicates that persistently high raw material costs are putting pressure on companies’ profit margins. Bank of Japan (BOJ)…

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Japan’s household spending on the rise

Household spending in Japan rose for the second month in a row in July despite rising coronavirus cases. Inflationary pressures caused by the weakening of the yen to its lowest level in 24 years cast doubt on the recovery in…

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Japan’s unemployment rate was unchanged at 2.6% in July

Government data released today show that the unemployment rate in Japan was unchanged at 2.6% in July. The number of job vacancies rose for the seventh month in a row, reaching its highest level in two years. Economists’ opinion polls…

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