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ECONOMY > Economic Indicators

Japan average pump price highest in 7 years

Tokyo, Oct. 13 (Jiji Press)–The average retail price of regular gasoline in Japan as of Monday came to 162.1 yen per liter, the highest level since October 2014, the industry ministry said Wednesday.     The average pump price rose 2.1 yen from a week before to mark the sixth straight week of increase, reflecting soaring crude oil prices traced to….Read more

  • October 13, 2021
  • , Jiji Press , 5:46 p.m.
  • English Press

ECONOMY > Economic Indicators

Japan GDP shrinks 0.9% in August from previous month: JCER

TOKYO — Japan’s real gross domestic product contracted 0.9% in August from the previous month, according to data released on Monday by the Japan Center for Economic Research.   The contraction — the first in three months — was driven by a fall in domestic demand. Household consumption fell 0.9% while corporate capital investment declined 1.7% in August from a month….Read more

  • October 11, 2021
  • , Nikkei Asia , 7:44 p.m.
  • English Press

ECONOMY > Economic Indicators

Japan April-Sept. business failures hit 57-year low

Tokyo, Oct. 8 (Jiji Press)–The number of corporate bankruptcies in Japan in April-September hit a 57-year low, thanks to the government’s financing support amid the coronavirus pandemic, a private survey showed on Friday.   The bankruptcy number plunged 23.8 pct from a year before to 2,937, the lowest level on a fiscal first-half basis since it stood at 1,938 in….Read more

  • October 8, 2021
  • , Jiji Press , 8:45 p.m.
  • English Press

ECONOMY > Economic Indicators

Japan biz sentiment improves in Sept.

Tokyo, Oct. 5 (Jiji Press)–Business sentiment in Japan improved in September due to a decrease in new COVID-19 cases amid progress in vaccinations, credit research company Teikoku Databank Ltd. said Tuesday.   The business sentiment diffusion index rose 0.7 point from the previous month to 39.9 after a decline of 1.5 points in August.   Sentiment improved in seven of….Read more

  • October 5, 2021
  • , Jiji Press , 6:55 p.m.
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ECONOMY > Economic Indicators

Tankan survey shows improving business mood

The Bank of Japan’s latest Tankan survey shows business sentiment at large manufacturers improved for the fifth straight quarter.   The central bank released its quarterly report on Friday. The reading for sentiment at large manufacturers rose 4 points to plus 18.   The mood mainly improved among makers of materials such as iron and steel, and chemicals. They passed….Read more

  • October 1, 2021
  • , NHK WORLD , 11:48 a.m.
  • English Press

ECONOMY > Economic Indicators

Japan commercial land prices post bigger drop in 2021

Tokyo, Sept. 21 (Jiji Press)–The average land price in commercial districts in Japan as of July 1 fell 0.5 pct from a year earlier, bigger than the 0.3 pct drop in the previous year, due to impacts of the prolonged novel coronavirus pandemic, the land ministry said Tuesday.     The decline reflected falling demand for store openings in bustling shopping….Read more

  • September 21, 2021
  • , Jiji Press , 5:44 p.m.
  • English Press

ECONOMY > Economic Indicators

Japan govt lowers economic view for 1st time in 4 months

Tokyo, Sept. 16 (Jiji Press)–The Japanese government lowered its basic assessment of the country’s economy for the first time in four months in a monthly report released on Thursday, citing weakness in private consumption and industrial production.   The Japanese economy continues “picking up, although the pace has weakened” in a severe situation due to the COVID-19 pandemic, the Cabinet….Read more

  • September 16, 2021
  • , Jiji Press , 3:23 p.m.
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ECONOMY > Economic Indicators

Japan’s GDP up 0.6% in July from June, thanks to exports: JCER

TOKYO — Japan’s real gross domestic product gained 0.6% in July from the previous month, helped by growth in exports and corporate capital spending, according to estimates released Monday by the Japan Center for Economic Research.   The economy expanded for a second consecutive month to reach 545.5 trillion yen ($4.95 trillion) in annualized, seasonally adjusted terms.   Export expansion helped Japan to….Read more

  • September 13, 2021
  • , Nikkei Asia , 8:33 p.m.
  • English Press

ECONOMY > Economic Indicators

Japan’s pandemic-linked biz failures in Jan.-Aug. top 1,000

Tokyo, Sept. 8 (Jiji Press)–The cumulative number of business failures triggered by the novel coronavirus pandemic came to 1,026 between January and August in Japan, Tokyo Shoko Research Ltd. said Wednesday.   Bankruptcies in the restaurant industry, hit hard by the coronavirus crisis, numbered 204, accounting for about 20 pct of the total, according to data covering business failures with….Read more

  • September 8, 2021
  • , Jiji Press , 7:02 p.m.
  • English Press

ECONOMY > Economic Indicators

Japan economy watcher sentiment worsens in August

Tokyo, Sept. 8 (Jiji Press)–Sentiment among so-called economy watchers in Japan worsened for the first time in three months in August, in response to a surge in COVID-19 cases, a government survey showed Wednesday.     The seasonally adjusted diffusion index for economy watchers’ sentiment plunged 13.7 points from the previous month to 34.7, marking the biggest decline since February 2020,….Read more

  • September 8, 2021
  • , Jiji Press , 7:58 p.m.
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