Jump to content

News and Reviews Asian Economic Zone


Recommended Posts

News and Economic Review Asia (Japan)

 

BOJ Undermine Yen Outlook

Thursday, December 22, 2011

 

In trading GBP / JPY the European session this afternoon (22-12) Japanese Yen weakened against Sterliong and monitored in the range of 122.55.

 

Yen forex investors become less desirable in line with the indication of the Bank of Japan.

 

Japan's economic recovery process was observed stalled mainly due to the occurrence of an international economic slowdown and also pressure from the tendency of Japanese yen appreciation.

 

In addition to these developments led to the export and production runs flat, plus the effects of flooding in Thailand contributed to the lackluster performance of the Japanese economy back.

 

BOJ suggests that the outlook for the Japanese economy is flat for the time being.

 

Yen in the currency pair GBP / JPY is still expected to weaken further, especially until the data was announced. The range of estimated 123.42 is a pretty strong resistance to trade the European session.

Link to comment
Share on other sites

  • Replies 1.2k
  • Created
  • Last Reply

Top Posters In This Topic

News and Economic Review Asia (Hong Kong)

 

Technical Outlook The Hang Seng Index

Friday, December 23, 2011

 

Until the entry into the year 2012, the Hong Kong stock market will again confronted with the issues surrounding the crisis in Europe, which now sits in a critical phase.

 

The Hang Seng Index's main stock will carry a big chore, which survive in the midst of the potential emergence of new crises. The biggest threat is nothing but the chances of the condition of the global slowdown in mainland China, despite both countries. So in general the Hang Seng index rallied likely be limited, especially during the first quarter.

 

Technically after failing to continue to rally to above the level of 20,000, the Hang Seng Index (HK_HKK50) finally corrected and changed to bearish. Confirmation is achieved after the main indicators, such as Moving Average, Stochastic and MACD, re-established downtrend. Then the direction of the trend, the index will be eroded to support 17 730 (61.8% Fibo) and 17,000 to 16,135 or even 15,500.

 

While the rally in the index are minor only occur when there is demand buyback of bargain hunting and short covering. Such conditions could lift Hang Seng resistant to 18 655 (38.2% Fibo), 19 270 (23.6% Fibo) to 20,200 (the highest level in October) or even reach the area of ​​21 000.

Link to comment
Share on other sites

News and Economic Review Asia (China)

 

Gold prices declined, the Chinese will buy.

Monday, December 26, 2011

 

 

Commodity price of gold declined in trading Monday (26/12) in Asian trading time.

 

The fall in gold prices as the impact of sluggish trading after the Christmas holidays in various global markets. Gold for February delivery fell $ 1.60, or 0.1%, to $ 1,609.00 per troy on the Comex.

 

The market was quiet because many stocks are still closed, however there is news about a possible rise in commodity metals after one senior official at the Central Bank of China, People's Bank of China in Beijing said it would use foreign exchange reserves them to buy gold as an effort to protect their investment from of inflation.

 

Director of Research at the Bank Jianhua Zhang added that when gold prices decline, then a good time to buy more gold again. However, he did not give an indication of how much gold will be purchased from the Chinese foreign exchange reserves reached $ 3.2 trillion, including the amount of foreign exchange allocation percentage that will be in use.

Link to comment
Share on other sites

News and Economic Review Asia (Japan)

 

There will still be Haunted by Japan Yen Appreciation

Tuesday, December 27, 2011

 

There is no currency that scored the best performance in 2011 in addition to the Japanese yen. Though the central bank had to spend some time in deeply to intervene into the market.

 

Currency JPY strengthened against all major currencies, including the rise of more than 4% against the dollar. Escalation of inter-regional economic crisis led investors to enter into yen-based assets. Although the Japanese bond yields is one of the lowest in the world and a very large amount of government debt, foreign ownership in Japan's debt is now the highest since 2008.

 

So far the government has been selling the yen, at least 14.3 trillion ($ 183 billion) to stem the strengthening of domestic currency. Policy interventions are needed that revenues are not eroded over time exporters. Finance ministers in June Azumi already far today confirmed that it is ready to enter the market again next year if conditions force. But no one can guarantee a series of interventions authority could produce different results than what is already applied in 2011.

 

Government's job more difficult because more and more European debt crisis is far from complete. Difficult expect any surefire steps for the next year as Italy and Spain also need help. France in fact not free of the threat rating agencies downgrade. While the fragile banking crisis resulted in more severe, a high ratio of sectoral bankruptcy could trigger a split community euros. As a result, the worse the condition of the fundamental, more preferably also the existence of the yen by investors.

 

The exchange rate of JPY also rose 6.6% versus the euro this year. The total sales of the Japanese currency until the end of November last recorded seven times greater than the major interventions in 2010, who was then at 2.1 trillion yen. JPY managed to make up for an average decrease every five days post-correction and perched 12% higher in December 23 compared to an average against the dollar in the last three years. Although protection has been repeatedly affirmed commitment to the exchange rate, nothing could wipe the appreciation of the yen over the global conditions remain poor. Similar to the Swiss Central Bank, the Japanese authorities would be confused by the extraordinary appreciation of local currency next year.

Link to comment
Share on other sites

News and Economic Review Asia (Japan)

 

Nikkei down 0.1%; Tepco 6 Month Low In Heavy Volume

Wednesday, December 28, 2011

 

Nikkei down 0.1% at 8434.78 midday in thin volume. "Not many catalysts or participants in the market," said analyst Chibagin Asset Management strategy, Yoshihiro Okumura.

 

Nikkei will likely hover in the range of 8400-8450 for the rest of the day, he said, noting the majority of Asian stocks fell, and concerns over Italian bond yields and rising oil prices.

 

Among stocks with the heaviest decline, purchases on the defensive drugmakers; Takeda Pharmaceutical climbed 0.5% to Y3, 315 and Eisai rose 0.6% to Y3, 180. Sharp fell 3.5% to Y686 following news that, Samsung Electronics along with other companies to pay multi-million dollar settlement for LCD price fixing is illegal.

 

Tepco continue in large volume (now more than 122 million shares, or about 16% of the entire market), after the minister of trade and industry Edano urged the company to consider all options, including a temporary state control. Shares of the previous six months fell to the lowest position to date.

Link to comment
Share on other sites

News and Economic Review Asia (Japan)

 

Be careful ahead of the Italian bond sales, the Nikkei ended down

Thursday, December 29, 2011

 

Japan's Nikkei index slipped on the session Thursday ahead of the Italian bond sales which could prove challenging in a thin volume, while the decline in the euro against the yen to decline in the last 10 years the stock hit exporters.

 

Shares of Elpida Memory by 10 percent after a report said they were likely to delay repayment of 30 billion yen, equivalent to $ 385 million in public funds.

 

Chip manufacturers are undermining the Nikkei index, which fell 0.3 percent to a level of 8,398.89, alleged decline in stocks in the U.S. and Europe as well as the decrease in the euro amid fresh concerns over the region's debt crisis of European countries. Reverse the decline in the Topix index of beginning of the session and was up 0.1 percent to as low as 722.12.

 

Italian bond sales of 8.5 billion euros at today will be the focus, as market participants await the results of long-term bonds of Rome since the European Central Bank offered a loan at a discounted price to entice banks to buy government bonds of euro area is struggling.

 

Shares of Japanese exporters with large exposure to Europe are under pressure. Canon Inc. fell 0.4 percent and industrial robot maker Fanuc fell 0.5 percent. Sony delete a decrease in the initial session and ended up 0.1 percent.

Link to comment
Share on other sites

News and Economic Review Asia (Japan)

 

Nikkei slumped 17 percent in 2011, all eyes to Europe

Friday, December 30, 2011

 

Japan's benchmark index ended the session higher on Friday but noted a decrease of 17 percent in 2011, a very difficult year in which major natural disaster triggered a nuclear crisis and the turmoil of Europe's debt to drain the volume of trade, leaving uncertainty for investors next year.

 

Tokyo Electric Power Co. volatilita ups and downs in trade, edging up 0.6 percent following a decline in four sessions after the utility company's trade minister urged them to consider a de facto nationalization in the face of huge costs due to radiation leaks at its Fukushima Daiichi plant.

 

Tepco has plunged more than 90 percent of its value this year after a devastating earthquake and tsunami on March 11 last destroyed the Fukushima plant, causing leakage of the reactor and mass evacuations.

 

The Nikkei index edged up 0.7 percent to 8,455.35 level behind the recent positive economic data from the United States, although it failed to achieve its moving average in 25 days which is monitored close to 8479. The broader Topix index which rose 0.9 percent to as low as 728.61. Tokyo market will re-open on January 4 next year.

 

For this year, the Nikkei dropped 17.3 percent and the Topix fell more than 18 percent, marking a decline in the second year in a row and the worst since 2008.

 

Italian long-term debt sold on Thursday generate considerable demand even after the European Central Bank to offer loans with reduced interest rate cuts to the bank earlier this month in an effort to draw attention to the debt of state buyers who are struggling European region.

 

Market participants look for sectors such as construction of infrastructure, homes and building materials, citing the expected demand for reconstruction after the events of March which devastated large areas of the northeast coast.

Link to comment
Share on other sites

News and Economic Review Asia (Korea)

 

Seoul stocks Opened Up, Leading Technology

Monday, January 2, 2012

 

Seoul stock market opened up 0.33% on Monday, but the reinforcement is seen limited as investors awaited key U.S. data releases and earnings reports from Korean companies that will provide a clear indication of the direction of movement.

 

Strengthening in early trade led by technology stocks, with shares of Hynix Semiconductor Inc., which climbed 4:33%.

 

Korea composite stock price index rose 0.26% to 1,830.54 points.

Link to comment
Share on other sites

News and Economic Review Asia (China)

 

China Attempting to Generate Enthusiasm European Market In Early Years

Tuesday, January 3, 2012

 

The majority of the shares in Europe's main stock exchange moved higher on the first trading session of 2012, despite investor caution in entering the market is still too visible. Shares of mining sector appears to be the main driver of stock index movement following the China manufacturing data, which is the world's largest metals consumer, released exceeded expectations last weekend.

 

Britain's FTSE index had gained nearly 1% until well into the mid-session today, followed by Germany's DAX index that is able to collect approximately 0.65%. While the French CAC rate should be stopped and turned around 0.8% lower due to some profit taking on financial stocks.

 

"Strengthening of today will likely be quite limited given the problems in Europe have not really gone," said market analyst at ETX Capital, Manoj Ladwa. "The market is probably still will survive quite well in the positive zone for the time being, while awaiting re-normal trading volume."

Link to comment
Share on other sites

News and Economic Review Asia (Hong Kong)

 

Hang Seng Limited Closed weakening, in the range 18 700 Points Survive

Wednesday, January 4, 2012

 

Hong Kong Stock Exchange for trading today (4 / 1) closed lower. The strong impact of profit-taking is happening today to bring the stock back negative although not very significant. While on the other hand, the negative sentiment comes from the influence of China and Korea stock decline to this day.

 

Hang Seng Index ended down by 0.8% to 18,727.31 basis points. While index futures declined by 51 basis points to 18 769 points with the support level at 18,692 points and resistant level of 18,920 points.

 

The shares that declined include Esprit Holdings stock was down 1.28% to 9.99 HKD, China Unicom shares fell 1.19% to 16.58 HKD and Sinopec Corp. shares fell 1.86% to 8.46 HKD.

Link to comment
Share on other sites

News and Economic Review Asia (Japan)

 

Noda Cabinet Community Support Against Slump

Monday, January 9, 2012

 

Prime Minister of Japan Yoshihiko Noda is likely to gain support from members of the cabinet proposals related to an increase in the tax system and increase sales tax to 10% from the previous 5%.

 

In order to win this proposal, Noda likely to replace Defense Secretary Yasuo Ichikawa and Consumer Affairs Minister Kenji Yamaoka. Cabinet reshuffle this can be done this week.

 

Results while polls show public support for the cabinet stain itself fell to 35.7% from 44.6% last month, half of the respondents indicated their disapproval for the first time since Noda served as Prime Minister.

 

Results of the poll also showed that public approval rating of the DPJ party fell to 20.7% while support for the Liberal Democrats rose 22.4%.

Link to comment
Share on other sites

News and Economic Review Asia (China)

 

China Stock soared after the release of the data Beijing

Tuesday, January 10, 2012

 

China Stock up today, extending gains after data released weaker-than-expected give hope Beijing will ease monetary policy.

 

China's exports and imports moving slowly over the past two years due to sluggish domestic demand. Monday, development loans and intake data will be released and predictable funding to strengthen.

 

Shanghai Composite Index rose 1.7 percent to 2259.9, the highest increase during the last month. But the increase seems limited in the range of 2,300, the range that occurred in October last year.

 

Experienced decline in Shanghai is the most severe decline in Asia in the last two years. terjado decline as much as 14.3 percent in 2010 and 21.7 percent in 2011, as Beijing continued to tighten its monetary policy to stop inflation.

 

China Enterprises Index jumped 1.5 percent, pushing the Hang Seng Index rose 0.6 percent. This increase was the highest for three weeks.

 

Industrial and Commercial Bank of China (ICBC) and China Construction Bank (CCB), up 1.5 and 1.3 percent

 

Sinopec and Shenhua Energy also increased their masing1, 5 percent and 1.2 percent.

 

China Unicom fell 1.8 percent, but the best-performing stocks in the Hang Seng during the year 2011, up nearly 50 percent as investors saw the development of their revenues are pretty safe.

Link to comment
Share on other sites

News and Economic Review Asia (Korea)

 

December Unemployment Stable Korea; Concerns Remain

Wednesday, January 11, 2012

 

South Korea's unemployment rate remained stable in December from the previous month despite the difficult global economic conditions, which may provide support to Korea to work hard

 

Seasonally adjusted unemployment rate unchanged in December from 3.1% in November as the economy added 441,000 jobs compared with the same time the previous year, for all of 2011, the economy created 415,000 jobs - the largest increase since 2004. However, most job growth in December came in among those aged 50 or more. This raises concerns about the quality of jobs created, such as Korea are usually retired or those who have left their jobs to find revenue.

Link to comment
Share on other sites

News and Economic Review Zone Asia (Japan)

 

Prime Minister of Japan & Geithner Discuss Iranian Oil Embargo

Thursday, January 12, 2012

 

Prime Minister of Japan Yoshihiko Noda told U.S. Treasury Secretary Timothy Geithner on Thursday that it also concerned at Iran's nuclear capability.

 

But Noda also expressed concern that the sanctions imposed on Iran could seriously impact on the Japanese economy and the world depends on the implementation of sanctions.

 

As we know last month, Washington has implemented new sanctions against financial institutions that deal with Iran's central bank, which usually perform clearing for payment of Iranian oil.

 

Geithner is currently meeting to discuss the June Azumi European sovereign debt crisis and to discuss cooperation to carry out sanctions on Iranian oil exports.

Link to comment
Share on other sites

News and Economic Review Zone Asia (China)

 

China foreign exchange reserves dropped in late 2011

Friday, January 13, 2012

 

Foreign reserves in foreign exchange (forex) China's government fell in the last three months in 2011. Data People's Bank of China shows, foreign exchange reserves slipped 0.6% to U.S. $ 3.18 trillion. This is the largest quarterly decline since 1998.

 

Analysts suspect that this decline is a signal from the speculators who move the portfolio investments of yuan to another currency.

 

It is also a sign there is a narrowing of China's trade surplus because the demand for export products from Beijing is reduced drastically. Although trimmed, china foreign exchange reserves are still the largest among the other countries in the world.

 

China's trade surplus narrowed for the third consecutive year in 2011. The surplus fell to about U.S. $ 160 billion. Vanish from the position of a record high in 2008 of U.S. $ 295 billion.

 

Shanghai Composite Index closed minus 1.3% on Friday (13 / 1) This is a very significant decline after the data was released.

Link to comment
Share on other sites

News and Review Asian Economic Zone

 

Global stock markets sales drop Fears Over Downgrade

Monday, January 16, 2012

 

Asian stock markets fell on Monday triggered by fears of a credit rating downgrade by Standard & Poor's could add a European zone of funding difficulties.

 

Anxiety over the financial difficulties of Europe is also potentially dragging global growth and shrinking interest in commodities, while shifting the risk to sustain safe-haven assets such as Japanese government bonds.

 

Observed so far MSCI Asia Pacific excluding Japan, fell 1.3% to the lowest 1 - weeks, after reaching its highest level in 1-month Friday. U.S. stock markets will be closed Monday as a national holiday Martin Luther King holiday, but the stock index S & P500 futures traded in Asia fell 0.5%.

 

Following the weakening trend in Asia, European stock markets also posted weak financial sector mainly driven.

Link to comment
Share on other sites

News and Economic Review Zone Asia (Japan)

 

Japan's Stock Rises, Stocks Rise Infrastructure

Tuesday, January 17, 2012

 

Japanese stocks to trade today (17 / 1) closed higher. Strengthening of the Japanese market due to the positive sentiment that comes from reports that the yield on bonds of European countries has decreased. It brings the expectation that the sale of bonds of European countries have an important role in the process of economic recovery in Europe.

 

The Nikkei closed up by 1.1% to 8466.4 basis points. While index futures has increased by 70 points to 8480 basis points with the support level of 8404 points and resistant level of 8490 points. The broader Topix index rose by 0.9% to 731.53 basis points.

 

The shares which increased the stock of which is Fanuc which rose 3.2% to 11,970 yen, Obayashi Road Corp. shares rose 21% to 286 yen and Japan Bridge Corp. shares rose 16% to 728 yen.

Link to comment
Share on other sites

News and Review Asian Economic Zone

 

Regional Exchanges Closed Mix

Wednesday, January 18, 2012

 

Today the regional exchanges to move mixed with Nikkei +1.0%, S & P / ASX +0.1%, HSI flat, Kospi flat, TAIEX +0.2%, Sensex -0.2%, Shanghai Composite -1.2% and +0.1% STI. In the forex market, USD strengthened against the USD due to the growing sentiment that encourages the strengthening of the single currency. EUR / USD at 1.2766 from 1.2739 on Tuesday night in New York, EUR / JPY at 97.88 from 97.86, and USD / JPY at 76.66 from 76.83.

 

The World Bank revised its global growth forecast for developing countries in 2012 to 5.4% from 6.2%, and high-income countries to 1.4% from 2.7%. Import growth in China continued to slow in January because the country faces trade "severe" this year, according to a spokesman for Trade Minister Shen Danyang. Foreign investment in China fell 12.7% per annum for the period December to $ 12.2 billion, up from $ 8.75 billion in November, when investment fell 9.76%. Property prices of new homes built in 52 of 70 large and medium cities in China declined in December. Australia's imports of goods rose 1.0% to A $ 20.01 billion in December from A $ 20.80 billion in November, while consumer sentiment index Westpac-Melbourne Institute rose to 97.1 in January from 94.7 in December. Japan's industrial output contracted 2.7% in November versus previous contraction of 2.6%.

 

Spot gold was at $ 1,645.70, up $ 4.10 from its closing level NY. February Nymex crude oil rose 53 cents to $ 100.60/bbl.

Link to comment
Share on other sites

News and Economic Review Zone Asia (Hong Kong)

 

HSI +1.2%; Lung Hang Up; Cnooc Down

Thursday, January 19, 2012

 

HSI up 1.2% at 19,917.49 tracking gains in regional markets, little changed from midday and is likely to find resistance at the psychological level of 20,000. Tolerable volume at HK $ 44.29 billion and volume of a full day will be the toughest so far in 2012.

 

According to South China Research with peripheral market sentiment improved somewhat, and investors continue to anticipate the information supporting the market to support the government's mainland, "Hong Kong must find room for further increases in the short term."

 

Hang Lung Properties rose more vs. day and rose 7.5% at HK $ 25.95, as the underlying 1H profit up 29% year to HK $ 1.65 billion, but Cnooc fell 2.0% at HK $ 15.44 after the update strategy of 2012 - this duo is the best-performing blue chip, and the worst.

Link to comment
Share on other sites

News and Review Asian Economic Zone

 

Asian Stock Focus Next Week

Friday, January 20, 2012

 

Most Asian stocks will enjoy the Chinese New Year holiday next week, but some regional areas are still going to run business as usual. Central banks in Japan, India, Thailand and New Zealand will take monetary policy decisions.

 

Expected by most economists, the interest rate remains unchanged as concerns the European zone, most likely the central bank still does not change its interest rates in 1 or 2 months ahead because they still need to wait for inflation data development had reached its peak or if it saw no indication of slowing growth that ultimately must be accommodated with interest rate policy is more lax.

 

Australia's central bank was not immune from this challenge, after getting reports inflation at 2.2% in December, next week's quarterly CPI data likely to confirm the downward trend in overall inflation in Australia and this may add to expectations the RBA cut interest rates in February.

 

Other data are awaited report next week among others, export data from Japan, Thailand and the Philippines which may show a decline due to slowdown in growth that occurred in the U.S., Europe and China.

 

Samsung Electronics will release its earnings for the fourth quarter, after a surge in revenue from sales of previously solid smartphone. South Korean conglomerate commented it would spend $ 41 billion this year acquisition adds to speculation Research in Motion, although it has denied the Samsung.

Link to comment
Share on other sites

News and Review Asian Economic Zone

 

Asian stocks still drive up to the closure of the afternoon

Monday, January 23, 2012

 

The majority of shares traded on the stock closed cruised Asia today. At 17:15 pm Tokyo time, MSCI Asia Pacific Index rose 0.1% to 120.85.

 

Meanwhile, the Nikkei 225 Stock Average closed with little change after the previous down 0.3% and rose 0.3%. BSE Sensitive Index gained 0.1% and the S & P / ASX 200 fell 0.3%. While financial markets in China, Hong Kong, Indonesia, Malaysia, Philippines, South Korea, Singapore, and Taiwan closed due to celebrate Chinese New Year.

 

Number of shares that movement affects Asian stocks include: Sony Corp., which rose 4% in Tokyo, Olympus Corp., which rose 8.2% in Tokyo, and Reliance Industries fell 2.5% in Mumbai.

 

One of the positive sentiment boosted Asian stocks is U.S. home sales data which recorded an increase. This indicates, the U.S. economy began to recover in spite of Greece to the present negotiating with the creditors.

 

"Any form of attenuation is a good opportunity to buy. Moreover, there is a positive U.S. data. The issue of Greece can be very easy to heat and cold," explains Nader Naemi, senior strategist at AMP Capital Investors Ltd..

Link to comment
Share on other sites

News and Review Asian Economic Zone

 

Asia Stock Brighten Market Optimism Europe

Tuesday, January 24, 2012

 

Most regional stocks gained amid optimism over Greek debt restructuring plan despite low trading volume in the Chinese market, Hong Kong, Indonesia, Malaysia, Singapore, South Korea, Taiwan and Vietnam are still New Year's Day holiday.

 

Nikkei +0.2%, S & P / ASX flat, Sensex India +1.0% stake in Thailand, which rose 0.5%. In the forex market, USD weakened against the USD and JPY due to investor concerns about Greece's debt negotiations. EUR / USD at 1.3006 from 1.3014 on Monday night in New York. EUR / JPY at 100.18 from 100.35, and USD / JPY at 77.03 from 77.02. BoJ cut its growth forecast for the fiscal year ending in March to 0.4% from the October projection of 0.3%. For the upcoming fiscal year, the central bank saw a growth of 2.0%, down from its previous forecast growth of 2.2%. Today (24/01) BoJ decided to hold rates unchanged at 0.0% -0.1% range. Japan's economy minister said the trade surplus declined to prove that many companies would leave Japan. India's central bank held interest rates the same at 8.50%, but unexpectedly cut its capital reserve requirements by 50 bps to support economic growth and easing liquidity.

 

The price of gold at $ 1.676, down $ 2.90 from its closing level NY. March Nymex oil rose 15 cents to $ 99.73/barrel.

Link to comment
Share on other sites

News and Economic Review Zone Asia (Japan)

 

Apple Earnings Stimulants Being Nikkei

Wednesday, January 25, 2012

 

The Nikkei rose 1.2% to 8890 after touching a high level for the first time since 1 November at the level of 8905. "Market cash index Nikkei gained as reinforcement," said Hiroyuki Fukunaga, CEO of Investrust. Strengthening U.S. stocks after earnings last night Apple's (AAPL) have promoted the movement of the Tokyo stock market. The weakening yen contributed to the strengthening of the Nikkei index, he added.

 

Topix rose 30/33 subindeks led by shipping stocks are up about 7.4%. Mitsui O.S.K. +7.2% To Y297. Shares of exporters continued to gain with Honda Motor +4.4% to Y2, 789 and Canon +2.2% to Y3, 485. Fast Retailing -0.7% to Y15, 000 after yesterday had a stake in strengthening the Nikkei. Eisai pharmaceutical manufacturers weakened by -1.3% to Y3, 100, while Astellas -0.5% to Y3, 095. Softbank and KDDI each fell by 0.5% to Y2, 191 and 0.5% to Y482, 000.

Link to comment
Share on other sites

News and Economic Review Zone Asia (Japan)

 

BOJ: Japan Company Price Index +0.1%

Thursday, January 26, 2012

 

Price index for services to companies in Japan rose by 0.1 percent in December last, namely at the level of 96.4, as submitted by the Bank of Japan (BOJ).

Further reading is followed by revisions in November that revolves around the level of -0.1 percent.

On a monthly basis, for the corporate service price has not changed, after an easing of 0.1 per cent, ie the response of the revision that was submitted in November.

As for the fourth quarter of 2011, revision level and corporate service index fluctuations take place flat and there has been no significant changes.

For the whole year 2011, on an annualized basis, the corporate service price index fell by 0.5 percent.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.




×
×
  • Create New...