Japanese economy
Japanese Data Show Weaker Output and Demand with Marginal Deflation
December 27, 2011
Industrial production sank 2.6% last month, over three times more than forecast. Output was 4.0% lower than a year earlier, and the inventory/shipments ratio dropped by 1.7%. As in September and October, METI officials said “industrial production appears to be flat. The jobless rate remained at 4.5% in November after a 0.4 percentage point increase […] More
Japan’s Economy in a Pause But Hopeful at the Turn of the Year
December 29, 2010
The government and Bank of Japan December economic assessments depicted a continuing pause, with weakening exports hitting industrial production and business sentiment turning more cautious. Mild deflation continues as well. Among data releases late in December were the following highlights: The November jobless rate of 5.1% was a tenth higher than its level in the […] More
