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Japan inflation up but spending still weak

Policymakers likely to expand monetary easing scheme to boost prices to counter downturn, say analysts

Published Fri, May 1, 2015 · 09:50 PM

Tokyo

JAPANESE inflation picked up in March for the first time in 10 months, data showed on Friday, but household spending tumbled in a worrying sign for consumer confidence.

Core inflation, excluding volatile fresh food prices, hit 2.2 per cent year on year, accelerating from the previous month for the first time since May 2014, and offering a sliver of hope for Tokyo's war on deflation.

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International

International

Japan inflation up but spending still weak

International

Europe’s rush for rate cuts shifts global market power away from US

China’s push for greener aluminium hit by erratic rains, power cuts

Saudi crown prince to visit Japan

JPMorgan says India index inclusion on track, clients ready

Japan’s consumer spending extends declines as outlook weakens

World Bank sees economies reducing dependence on Russia for energy, on China for supply chains

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