Japan's Inflation Has Been Above Target for over 3 Years, but Where Is the BOJ?
- Japanese CPI inflation is currently at 3.4 percent, remaining unchanged since 2023, according to recent data.
- Real wages in Japan decreased for the fourth consecutive month in April as inflation outpaced pay raises, highlighting wage sluggishness.
- The Bank of Japan raised rates to 0.5 earlier this year, where they have remained since.
- Political pressure to control inflation is likely influencing the central bank's stance on monetary inflation, leading to rising yields.
12 Articles
12 Articles
Japan’s Retail Sales Growth Slows in May: A Year-over-Year Decline to 2.2%
Japan's retail sector witnessed a notable slowdown in growth in May 2025, as the latest data released on June 26th indicates. Retail sales experienced a year-over-year increase of just 2.2%, a marked decrease from the 3.5% growth rate observed in April 2025. This deceleration signals potential challenges for Japan’s consumer market amidst broader economic conditions.The shift suggests that while Japanese retailers experienced a relatively robust…
Japan’s corporate service inflation hits 3.3% in May
TOKYO :A leading indicator of Japan’s service-sector inflation hit 3.3 per cent in May, data showed on Wednesday, keeping alive expectations of further interest rate hikes by the central bank. Service-sector inflation is being closely watched by the Bank of Japan for clues on whether prospects of sustained wage gains will prod firms to continue raising prices, and keep inflation sustainably around its 2 per cent target. The May year-on-year gain…
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