Tag - inflation

 
 

INFLATION

Citizens’ holdings of cash in the three months ended in December was down 3.4% from a year earlier in the biggest drop in the data going back to 1998.
BUSINESS / Economy
Mar 21, 2025
Japan’s households slash cash at record pace as inflation bites
The decline mostly likely reflects the wider adoption of cashless consumption as well as a rise in nominal consumer spending due to inflation.
While headline inflation cooled in February, underlying price pressure remains steady, raising concerns for households as real wages remain stagnant.
BUSINESS / Economy
Mar 21, 2025
Japan’s inflation slows less than expected, backing BOJ hikes
Consumer prices excluding fresh food rose 3.0% from a year ago in February, decelerating from a 3.2% pace in January.
U.S. Federal Reserve Chair Jerome Powell speaks at a news conference in Washington on Wednesday.
BUSINESS / Economy
Mar 20, 2025
Powell downplays growing risks, sees tariff impact as transitory
His use of the word “transitory” was surprising because the Fed employed the same word when inflation exploded following the onset of COVID-19.
Visitors at Myoko Suginohara Ski Resort in Myoko, Niigata Prefecture, on March 5
JAPAN
Mar 20, 2025
Myoko ski resort area feels trepidation as foreign money pours in
Many locals fear Myoko could go the way of Niseko.
A crowd of tourists at Nishiki Market in the city of Kyoto. Gains in land prices have been helped by a surge in inbound tourism, which has boosted demand for hotels and shops.
BUSINESS / Economy
Mar 18, 2025
Japan’s land prices rise at strongest pace in 34 years, government survey shows
Data shows recovery spreading to regional areas, thanks to sustained economic growth, in the latest sign of a pickup in the property market.
Bags of the government's rice stockpile are shipped out of a warehouse in Saitama Prefecture on Tuesday.
JAPAN
Mar 18, 2025
Portion of government rice stockpile to hit shelves as early as next week
In a bid to stop the surging price of rice, the government auctioned off a portion of its emergency stockpile.
One year on from the Bank of Japan's historic rate hike, the biggest winners are the banks.
BUSINESS / Economy
Mar 17, 2025
Banks boom and shoppers scrimp a year after Japan’s rate pivot
Higher borrowing costs are also fueling a political battle over how the government can rein in its outlays.
Rice buyers have been racing to secure supplies since an extreme shortage last summer.
JAPAN
Mar 14, 2025
Japan sells 141,796 tons of reserve rice in auction
The weighted average of the auctioned rice prices came to ¥21,217 per 60 kilograms. The rice is expected to hit store shelves as early as late this month.
Dentsu's headquarters in Tokyo
BUSINESS
Mar 14, 2025
Watchdog finds Dentsu and other Japanese firms reluctant to accept price hikes
Dentsu, Nippon Express and Kohnan Shoji have kept their transaction prices with their partners unchanged without consultation despite rising raw materials costs.
A worker keeps a tally of wages Wednesday in Tokyo at the head office of UA Zensen, Japan's largest industrial trade union that represents workers mostly at small and medium-sized firms.
BUSINESS / Companies
Mar 14, 2025
Japan’s unions win largest pay hike in more than three decades
Some 760 affiliated unions under the trade union federation Rengo have so far secured an average pay gain of 5.46% in ongoing annual wage negotiations.
A Bloomberg survey said almost three quarters of Bank of Japan watchers who responded said that U.S. tariffs could exert enough of a drag on Japan’s economy to delay the central bank’s rate hike path.
BUSINESS / Economy
Mar 12, 2025
BOJ watchers see gradual rate hikes with higher terminal rate
Economists now anticipate the terminal rate to be 1.25%, up from 1% in the previous survey.
The government's stockpile of rice in Saitama Prefecture in February
JAPAN
Mar 10, 2025
For first time ever, government begins auction of rice stockpile
Rice from the stockpile is expected to hit shelves from around the end of the month.
U.S. President Donald Trump speaks to reporters as White House Press Secretary Karoline Leavitt stands with him aboard Air Force One on his return to Washington on Sunday.
BUSINESS / Economy
Mar 10, 2025
Trump declines to rule out recession in U.S. this year
The U.S. president’s on-again, off-again tariff threats have roiled financial markets and stoked unease among consumers.
Bank of America CEO Brian Moynihan
BUSINESS / Companies
Mar 7, 2025
Bank of America CEO willing to hire in Japan amid revival
The bank, based in Charlotte, North Carolina, has about 800 employees in Japan.
U.S. President Donald Trump is applauded by Vice President JD Vance (center) and House Speaker Mike Johnson, as Trump arrives to deliver his address to a joint session of Congress at the Capitol in Washington on Tuesday.
WORLD / Politics
Mar 5, 2025
In speech, Trump warns of tariff ‘disturbance’ as he touts trade plans
Data shows new strains on the economy as factory activity stagnates, inflation simmers, consumer confidence ebbs and stocks lag behind equity markets in other countries.
Bank of Japan Deputy Gov. Shinichi Uchida
BUSINESS / Economy
Mar 5, 2025
BOJ’s deputy chief hints at more rate hikes, without rushing
The remarks come as BOJ watchers look for hints that the next upward move could come earlier than the view that projects the move will come in the summer.
The higher cost of food is forcing Japanese consumers to scrimp and bargain hunt as their purchasing power drops.
BUSINESS / Economy
Mar 3, 2025
Japan’s consumers hunt for bargains as food inflation bites
The prices of staples such as rice, eggs and cabbage have all surged in the past 12 months.
Bank of Japan Gov. Kazuo Ueda speaks to the press in October in Tokyo. Ueda told parliament on Feb. 12 that the central bank is aware that food price increases are negatively affecting households.
BUSINESS / Economy
Feb 28, 2025
Odds of early rate rise increase as inflation becomes the fight in Japan
Hawkish signals sent by Bank of Japan officials over the past month or so point to such a possibility.
Prices of more than 2,300 food items, such as frozen food products, are expected to be raised in March.
BUSINESS
Feb 28, 2025
Prices of over 2,300 food items to be raised in Japan in March
The monthly figure is on course to top 2,000 for the first time since October 2024, and the cumulative number in 2025 will exceed 10,000.
Consumer prices excluding fresh food in the capital rose 2.2% in February from a year earlier, the internal affairs ministry said Friday.
BUSINESS / Economy
Feb 28, 2025
Tokyo inflation slows slightly more than expected on subsidy impact
Consumer prices excluding fresh food in the capital rose 2.2% in February from a year earlier, according to the internal affairs ministry.

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The Terasaka Rice Terraces are seen with Mount Buko in the background.
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