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Japan Has Y2.094 Trillion Trade Deficit In September
(RTTNews) - Japan posted a merchandise trade deficit of 2.094 trillion yen in September, the Ministry of Finance said on Thursday.
That exceeded expectations for a shortfall of 2.167 trillion yen following the downwardly revised 2.820 trillion yen deficit in August (originally -2.817 trillion yen).
Exports climbed 28,9 percent to 8.818 trillion yen, topping forecasts for an increase of 27.1 percent following the downwardly revised 22.0 percent gain in the previous month (originally 22.1 percent).
Imports surged an annual 45.9 percent to 10.912 trillion yen versus expectations for an increase of 45.0 percent and slowing from 49.9 percent a month earlier.
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Bank Of Japan Retains Rate As Expected; Cuts Growth Outlook Amid Tariff Uncertainty
The Bank of Japan left its interest rate unchanged for the second consecutive meeting on Thursday, and downgraded its growth projections citing trade tariff threats. The policy board decided, by a unanimous vote, to hold the uncollateralized overnight call rate to remain at around 0.50 percent. This was the highest level since the global financial crisis in 2008.
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Japan Retail Sales Climb 3.1% On Year In March
The value of retail sales in Japan was up 3.1 percent on year in March, the Ministry of Economy, Trade and Industry said on Wednesday - coming in at 14.063 trillion yen.
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Japan Industrial Output Sinks 1.1% In March
Industrial production in Japan was down a seasonally adjusted 1.1 percent on month in March, the Ministry of Economy, Trade and Industry said on Wednesday.
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Japan Manufacturing PMI Inches Higher In April - Jibun
The manufacturing sector in Japan continued to contract in April, albeit at a slower rate, the latest survey from Jibun Bank revealed on Wednesday with a manufacturing PMI score of 48.5.
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Japan Nationwide Inflation Climbs 3.6% On Year In March
Overall consumer prices in Japan were up 3.6 percent on year in March, the Ministry of Internal Affairs and Communications said on Friday.
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Japan Exports Growth Slows More Than Expected
Japan exports growth weakened more than expected in March partly reflecting the impact of US trade tariffs, while imports recovered moderately, official data showed on Thursday. Exports increased 3.9 percent on a yearly basis in March, slower than the 11.4 percent rise in February, the Ministry of Finance revealed.
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Japan Has Y4.061 Trillion Current Account Surplus
Japan posted a current account surplus of 4.061 trillion yen in February, the Ministry of Finance said on Tuesday, up 48.4 percent on year.
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Japan Household Spending Sinks 0.5% On Year In February
The average of household spending in Japan was down 0.5 percent on year in February, the Ministry of Internal Affairs and Communications said on Friday - standing at 290,511 yen.
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