JPY News

Japan posted a current account surplus of 2,549.3 billion yen in March, the Ministry of Finance said on Thursday - up 2.8 percent on year.

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Producer prices in Japan spiked a seasonally adjusted 1.2 percent on month in April, the Bank of Japan said on Monday. On a yearly basis, producer prices surged 10.0 percent - again topping forecasts for 9.4 percent and up from the upwardly revised 9.7 percent increase in the previous month (originally 9.5 percent).

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Japan's gross domestic product contracted an annualized 1.0 percent in the first quarter of 2022, the Cabinet Office said in Wednesday's preliminary reading.

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The manufacturing sector in Japan continued to expand in May, albeit at a slower pace, the latest survey from Jibun Bank showed on Tuesday with a manufacturing PMI score of 53.2.

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Japan's gross domestic product contracted an annualized 0.5 percent on year in the first quarter of 2022, the Cabinet Office said on Wednesday - beating forecasts for a decline of 1.0 percent following the 3.8 percent increase in the previous three months.

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The manufacturing sector in Japan continued to expand in June, albeit at a slower rate, the latest survey from Jibun Bank revealed on Thursday with a manufacturing PMI score of 52.7.

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Overall consumer prices in Japan were up 2.5 percent on year in May, the Ministry of Internal Affairs and Communications said on Friday.

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The value of core machine orders in Japan was down a seasonally adjusted 5.6 percent on month in May, the Cabinet Office said on Monday - coming in at 908.8 billion yen.

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Producer prices in Japan were up 0.7 percent on month in June, the Bank of Japan said on Tuesday.

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The Bank of Japan kept its ultra-loose monetary policy stance unchanged and raised its inflation outlook on Thursday.

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