Japan's core consumer prices were unchanged in July from a year earlier, government data showed on Friday. The core consumer price index, which includes oil products but excludes fresh food prices, compared with economists' median estimate for a 0.1 percent annual gain. Stripping away the effect of fresh food and energy, consumer prices rose 0.4 [...]
Japan's current account surplus shrank 31.4 percent in the first half of 2020 from a year earlier to 7.31 trillion yen ($69 billion), marking the lowest level in over five years as exports and spending by visitors from overseas were hit hard by the corona virus pandemic, government data showed. While the actual figure bettered [...]
The manufacturing sector in Japan employs more than 10 million people, equivalent to about 8% of the country’s total population. It is responsible for more than 10% of the total GDP. Its manufactured products like Toyotas and Hondas are used around the world. According to Markit and au Jibun bank, the manufacturing sector made a [...]
Reuter’s reports that Japan plans to release several estimates for its economic growth in fiscal 2020 and 2021 because of the uncertainty over the corona-virus pandemic. A real Gross Domestic Production contraction of around 4.5%, revising its pre-corona virus projection for a 1.4% growth. For the next fiscal year from April 2021, the government will [...]
