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Consumer prices in Japan, not taking into account fresh food, rose in February by 0.7% in annual terms, according to official data. For the Bank of Japan, this inflation rate is the main one. In the previous month, it increased by 0.8%, and economists did not expect a change in its dynamics in February. Inflation, which does not take into account the cost of food and energy, remained at the level of January - 0.4%. The overall inflation rate in the country was at the level of 0.2%, unchanged compared with January. Despite the criticism of the Bank of Japan’s preservation of the inflation target of 2%, the head of the Japanese Central Bank, Haruhiko Kuroda, said it was unchanged.
Japan’s Finance Minister Taro Aso expressed worries about the yen’s continual rise, calling it “rapid” and hinting at the strong currency’s impact on exports as Japan struggles through a recession. The yen’s ...
June had seen Japan’s industrial output breaking its four-month slump. The recuperation could be attributed to a modest recovery seen in broader business and consumer activity after the world’s third-biggest economy suffered from ...
Japan’s first-quarter business spending came smaller than what was initially estimated, revised data showed on Monday. This underscored a sharper damage that the novel coronavirus pandemic had inflicted on the world’s third-biggest ...
Japan's industrial output is expected to recover in June from a double-digit decline in May amid hopes that factory activity may have reached its lowest due to the coronavirus pandemic, according to a Reuters’ poll of 13 economists. While ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
KYC Policy