JAPAN’S CPI DROPPED 0.1% IN APRIL OVER MOBILE PHONE FEES

Highlights –

• Japan’s CPI dropped 0.1% in April over mobile phone fees.
• Bank of Japan struggled to accelerate inflation toward its elusive 2 percent goal.
• In April, mobile phone fees tumbled 26.5 percent from a year earlier.
...

JAPAN’S TRAVEL BALANCE FELL BY 89.2% IN FY 2020

Highlights –

• Japan’s travel balance fell by 89.2% in FY 2020.
• Japan’s travel surplus in 2020 fell 3.8% to 18.20 trillion yen from a year earlier.
• The service trade deficit stood at 3.73 trillion yen.
• Japan poste...

JAPAN’S CPI FELL BY 0.1% IN MARCH OVER LOWER ENERGY PRICES

Highlights –

• Japan’s CPI fell by 0.1% in March over lower energy prices.
• The core CPI in February was down 0.4 percent.
• In the reporting month, electricity prices fell by 4.8 percent.
• Gasoline prices in March turned p...

S. KOREA’S EXPORTS IN MARCH ROSE 16.6 PERCENT TO $53.8 BILLION

Highlights –

• S. Korea’s exports in March rose 16.6 percent to $53.8 billion.
• Rising demand for chips and autos led to gains in exports.
• The country’s imports also rose 18.8 percent to $4.17 billion.
• Exports of a...

JAPAN’S CPI FALLS BY 0.4 PERCENT IN FEBRUARY 2021

Highlights-

• Japan’s CPI falls by 0.4 percent in February 2021.
• Nationwide core consumer prices declined 0.6 percent in January.
• Electricity and gas bills sagged 7.8 percent and 6.2 percent in February 2021.
• Gasoline prices ...

RUPEE FELL BY 25 PAISE AGAINST US DOLLAR

On Friday, the rupee saw a rise of 25 paise. The Indian currency opened at 71.62 against the US dollar. This came after the rise in crude oil prices.

Brent crude oil Futures, on Friday, enter the market with a rise of $3. This was recorded as the highest jump since September 2019 after ...