Topshot – Customers include an electronic shop in Tokyo’s Akihabara region on January 12, 2024.
Richard A. Brooks | AFP | Getty pictures
Japan’s economic growth slowed 2.2% on an annual basis in the fourth quarter, and it made the Central Bank difficult to increase the work of the Central Bank in the near future.
The revised information fell below the median forecast of economists and a 2.8% increase in the initial assessment.
On the basis of a quarter quarter, GDP has expanded 0.6% compared to 0.7% increase in primary data last month The revised data of the cabinet office was shown on Tuesday.
During the year, the real GDP growth rate was reached to 1.1% in December in December for 1 to 1.1% in December, compared to 0.7% in the third quarter.
The Japanese bank can keep policy ratio stable in their next policyeEting on March 18-19, Reuters reported. Again, the grade, which adopts the rate, due to concerns related to inflationary pressure and food expenses can discuss another interest rate in the shorter.
After the data issuance, Japan’s Nikkei 225 index fell 2%. The Japanese new greenback has strengthened 0.32% to trade in 146.77 against the Greenback. The government’s 10-year bonds rose to 3.7 main points with a productivity of 1.538%.
Japan’s Prime Minister Shigeru work told Monday The Central Bank is close to reach 2% inflation target. “The Japan Bank has taken various steps to achieve stable prices,” he said.
As the Central Bank tried to normalize the Ultra empty money policy last year, in 2008, the global financial crisis has increased short-term interest rates to 0.5% since the global financial crisis.
Bank of Japan Governor Kazuo Ueda and Other members of the rating assessment board If inflation is constantly moving towards the target of 2% inflation, the more growing growth smoked.
The country’s 10-year government bond has recently risen to the highest level since October 2008, in inflation in the country, as well as the Central Bank, the Central Bank will continue to purchase and selling Japanese government bonds.
Japan’s hood inflation remained on the target of 2% of Boj for 34 straight months, and the latest figure in January was 4% high in 4 years.
Core-Core inflation rate that draws both fresh food and energy prices and closely followed by the BOJ, has increased its highest degree since March 2024, a slightly 2.5% by BOJ.
Separately, BOJ, Wednesday, as the prices of goods filled each other, gave the price index of corporate goods for January. According to Reuters, a year ago, a year ago, a decrease of 0.1% in size is expected in size, a monthly decrease in size.
Capital costs with a barometer of personal requirement rose to the top compared to 0.5% in the quarter of 0.6% in October-December.
Special consumption, which consumes more than half of more than half of Japanese economy, was straightened in the recycled reading compared to 0.1% in the initial reading and 0.7% increase in the previous quarter.
“The type of consumer expenditure is a little negative to support the rate of BOJ, but the economy is not likely to change the evaluation,” the economist of the institute, a customer note
USD / JPY
– CNBC’s Lim Hui Jie contributed to this report.
