Unemployment Rate Stays at 3.8% in December
Jan 29, 10:15 AM EST |
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| The number of employed persons in December 2007 was 63.96 million, an increase of 420 thousand or 0.7% from the previous year. |
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| The number of unemployed persons in December 2007 was 2.31 million, a decrease of 130 thousand or 5.3% from the previous year. The unemployment rate, seasonally adjusted, was 3.8%. |
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BOJ December Minutes
Jan 25, 12:54 AM EST |
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| Production had continued to increase and was expected to continue to follow an increasing trend, reflecting the rise in domestic and external demand. |
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| On the current state of Japan''''s economy, members concurred, based on economic indicators released in the intermeeting period, that the economy was expanding moderately as a trend, although the pace of growth seemed to be slowing temporarily mainly due to the drop in housing investment. |
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CPI Rises in December
Jan 25, 1:09 PM EST |
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| The consumer price index for Japan in December 2007 was 100.9(2005=100), |
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| The consumer price index for Japan in December 2007 was 100.9(2005=100), up 0.2% from the previous month, and up 0.7% over the previous year. |
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Japan's Economy Risks Seen as Increasing
Jan 18, 9:29 AM EST |
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| Corporate profit improvement appears to be pausing and business investment is increasing moderately. |
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| As for short-term prospects, the economic recovery is expected to continue while corporate sector remains solid. On the other hand, attention should be given to downside risks to the U.S. economy and the fluctuations in the financial and capital markets mainly caused by the subprime mortgage loan problem, and effects of developments of oil prices on the Japanese economy and overseas economies. |
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Japan’s Exports and Production Still Rising
Jan 08, 9:25 AM EST |
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| Japan's economy is expanding moderately as a trend, although the pace of growth seems to be slowing mainly due to the drop in housing investment. |
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| Exports and production have continued to increase. Business fixed investment has also continued to trend upward against the background of generally high corporate profits. Private consumption has been firm in a situation where household income has continued rising moderately. Meanwhile, public investment has been sluggish and housing investment has dropped substantially. Under these circumstances and with higher material costs, business sentiment has become somewhat cautious. |
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