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ECONOMY > Economic Indicators

Japan economy watchers sentiment logs 2nd-biggest drop in Jan.

Tokyo, Feb. 8 (Jiji Press)–Sentiment among so-called economy watchers in Japan, or people working in industries sensitive to changes in economic trends, logged the second-largest-ever drop in January, a government survey showed Wednesday.   The seasonally adjusted index on economy watchers’ sentiment about current economic conditions plummeted 19.6 points from the previous month to 37.9, falling for the first time….Read more

  • February 8, 2022
  • , Jiji Press , 7:07 p.m.
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ECONOMY > Economic Indicators

Japan corporate bankruptcies hit 49-year low in Jan.

Tokyo, Feb. 8 (Jiji Press)–The number of corporate bankruptcies in Japan hit a 49-year low in January thanks chiefly to the government’s financing support to struggling businesses, a private survey showed Tuesday.   The figure fell 4.6 pct from a year before to 452, the lowest for January since 1973, according to the survey by credit research firm Tokyo Shoko….Read more

  • February 8, 2022
  • , Jiji Press , 6:30 p.m.
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ECONOMY > Economic Indicators

Income inequality widening among Japanese aged 25-34: gov’t report

Tokyo, Feb. 7 (Jiji Press)–Income inequality is widening among young Japanese people aged between 25 and 34, with more young couples earning less than 5 million yen a year going childless, a government reported showed Monday.     The Cabinet Office’s report comes as Prime Minister Fumio Kishida pursues a virtuous cycle of economic growth and wealth distribution.     The report….Read more

  • February 7, 2022
  • , Jiji Press , 6:40 p.m.
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ECONOMY > Economic Indicators

Japan and inflation: What a corn snack says about rising prices

TETSUSHI TAKAHASHI, editor, Economic News Group   TOKYO — The announcement that the price of Umaibo will be raised for the first time since the beloved snack was introduced has sent shock waves through Japanese kid-dom.   Umaibo, which are sticks of airy puffed corn that come in a variety of flavors, in April will cost 12 yen (10 cents)….Read more

  • February 5, 2022
  • , Nikkei Asia , 3:00 p.m.
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ECONOMY > Economic Indicators

Japan Oct.-Dec. GDP growth projected at annual 5.6 pct

Tokyo, Feb. 1 (Jiji Press)–Japan’s real gross domestic product in October-December last year is estimated to have grown 1.4 pct from the previous quarter on average, for an annualized rise of 5.6 pct, according to forecasts by 11 private-sector think tanks.   Amid a decline in the number of new coronavirus cases in the final quarter of 2021, personal spending….Read more

  • February 1, 2022
  • , Jiji Press , 7:49 p.m.
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ECONOMY > Economic Indicators

Japan new auto sales down 14.2 pct in Jan.

Tokyo, Feb. 1 (Jiji Press)–New automobile sales in Japan in January dropped 14.2 pct from a year earlier to 329,699 units, marking a year-on-year decline for the seventh consecutive month, industry data showed Tuesday.   The decline resulted from production halts caused by semiconductor shortages and the resurgence of coronavirus infections since the turn of the year.   Sales of….Read more

  • February 1, 2022
  • , Jiji Press , 6:05 p.m.
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ECONOMY > Economic Indicators

Japan govt’s debt excess reaches 655 t. yen

Tokyo, Jan. 25 (Jiji Press)–The Japanese government’s debts had exceeded its assets by 655.2 trillion yen as of the end of March 2021, the Finance Ministry said Tuesday.   The amount increased 63.4 trillion yen from a year earlier to hit a record high for the 13th straight year, according to a report on the fiscal 2020 financial results in….Read more

  • January 25, 2022
  • , Jiji Press , 10:26 p.m.
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ECONOMY > Economic Indicators

S. Korea, Taiwan expected to top Japan in GDP per capita in 2027, 2028

TOKYO – Japan’s gross domestic product per capita will fall behind that of South Korea in 2027 and Taiwan in 2028, according to a recent projection by a Tokyo-based research institute, citing long-term low productivity on the back of slow progress in digitalization of the world’s third-largest economy.   The inflation-unadjusted nominal GDP, the total value of goods and services….Read more

ECONOMY > Economic Indicators

Japan GDP to hit record high in FY 2022: Yamagiwa

Tokyo, Jan. 17 (Jiji Press)–Japan’s gross domestic product is forecast to hit a record high in fiscal 2022, recovering from a slump due to the coronavirus crisis, economic and fiscal policy minister Daishiro Yamagiwa said Monday.   Yamagiwa made the remark in an economic policy speech before both chambers of chamber of the Diet, delivered on the first day of….Read more

  • January 17, 2022
  • , Jiji Press , 5:21 p.m.
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ECONOMY > Economic Indicators

Japan corporate bankruptcies hit 57-year low in 2021

Tokyo, Jan. 13 (Jiji Press)–The number of corporate bankruptcies in Japan hit a 57-year low in 2021, curbed by the government’s financing support amid the COVID-19 pandemic, a private survey showed Thursday.   The bankruptcy number plunged 22.4 pct from the previous year to 6,030, falling for the second straight year to hit the lowest level since 4,212 marked in….Read more

  • January 13, 2022
  • , Jiji Press , 8:31 p.m.
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