JPY News

The M2 money stock in Japan was up 2.7 percent on year in January, the Bank of Japan said on Thursday - coming in at 1,213.5 trillion yen.

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Japan's gross domestic product expanded a seasonally adjusted 0.2 percent on quarter in the fourth quarter of 2022, the Cabinet Office said on Tuesday.

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Despite rising inflationary pressures, the Bank of Japan continued to maintain its ultra-loose monetary policy in contrast to the stance of its hawkish peers. At the second rate-setting meeting chaired by new Governor Kazuo Ueda on Friday, policymakers unanimously voted to maintain a negative interest rate of 0.1 percent.

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Overall consumer prices in Japan were up 3.3 percent on year in July, the Ministry of Internal Affairs and Communications said on Friday.

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The unemployment rate in Japan came in at a seasonally adjusted 2.4 percent in December, the Ministry of Internal Affairs and Communications said on Tuesday.

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Core machine orders in Japan were up a seasonally adjusted 2.7 percent on month in December, the Cabinet Office said on Monday - coming in at 838.8 billion yen.

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