The sharp depreciation of the yen has worsened Japan's current account balance. The current account surplus has been shrinking since August last year, slipping into deficit in December and widening to about 1.19 trillion yen (10.35 billion U.S. dollars) in January 2022, due to rising import p...
Current Situation of Economic Activity and Baseline Scenario of the Outlook Let me start by talking about economic developments. Japan's economy has recovered moderately. It is likely to continue recovering, and in the latest Outlook Report, the Bank projects that the economy will grow at a relat...
In Section 2, we discuss the current Japanese economic situation and explain the accounting and disclosure reform. In Section 3, we explain data and methodology that are used in this paper. In Section 4, empirical results are provided. Section 5 concludes this paper....
"Under current economic circumstances, I don't expect the government to submit a supplementary budget at this autumn's extraordinary parliament session." Motegi's remarks are somewhat incongruous with the current situation of the domestic economy, particularly in terms of consumption, wages and busines...
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The employment situation in Japan continues to deteriorate, and it will take some time before recovery starts. The current economic crisis has had little negative impact on the inflow of migrant workers, both legal and illegal. The declines recorded in recent years are due more to stricter contro...
The Japanese Cabinet Office's judgement of the current economic situation is still "deteriorating", indicating that the economic recession is still in progress. In addition, the leading index for predicting the economic situation in the coming months is 81.5, down 3.7 points from last month, indic...
Today, I will explain Japan's economic activity and prices, as well as the Bank's conduct of monetary policy.I. Current Situation of and Outlook for Economic Activity I will start by talking about Japan's economic developments. Japan's economy has recovered moderately. Economic activity in ...
Private consumption, which accounts for more than half of economic output, continued to show signs of picking up, as demand for new vehicles and house appliances is improving, the government said. Business investment is also picking up, and firms' assessment on the current bu...
Employment situation The Labor Force Survey is a survey of households usually residing in Japan, which is to elucidate the current state of employment and unemployment in the country on a monthly basis. Two categories of results are presented in this survey: 1. Basic Tabulation, which encompasses...