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Top related persons:
Masato Koike - 1 Fumio Kishida - 1 Sompo's Koike - 1 Koike - 1 Satoshi Sugiyama - 1 Kantaro - 1 Christian Schmollinger - 1 Sam Holmes - 1
Top related locs:
TOKYO Base
Top related orgs:
Global - 1 Bank of Japan - 1 Sompo - 1 Ministry of Health - 1 Labour - 1 Welfare - 1 Thomson - 1

Search resuls for: "Sompo's Koike"


2 mentions found


☆ Japan's inflation adjusted wages extend declines in August
  + stars: | 2023-10-05 | by ( ) www.reuters.com   time to read: +3 min
TOKYO, Oct 6 (Reuters) - Japan's real wages in August declined for a 17th straight month, government data showed on Friday, as persistent price hikes continued to outpace salaries. Separate data on Friday showed Japan's consumer spending also shrank for the sixth consecutive month in August, squeezing consumers' purchasing power even as major companies offered their biggest pay increases in three decades. The consumer inflation rate officials use to calculate real wages, which includes fresh food prices but excludes rent, slowed to 3.7%, the lowest in 11 months. Base salary growth in August climbed 1.6% year-on-year, from a revised 1.4% gain in the previous month, the data showed. "As import prices settle down, the growth rate of consumer inflation is also expected to gradually narrow, and real wages will also recover," Koike said.
Persons: Masato Koike, Fumio Kishida, Sompo's Koike, Koike, Satoshi Sugiyama, Kantaro, Christian Schmollinger, Sam Holmes Organizations: Global, Bank of Japan, Sompo, Ministry of Health, Labour, Welfare, Thomson Locations: TOKYO, Base
☆ Japan Nov factory output falls on weakening global demand
  + stars: | 2022-12-28 | by ( Kantaro Komiya | ) www.reuters.com   time to read: +3 min
"The impacts of overseas rate hikes, slower growth and weak capital expenditure demand are gradually reaching Japan," said Masato Koike, economist at Sompo Institute Plus. "Production inevitably remains weak for October-December and highly likely stalls furthermore as the global economy hasn't hit its worst." That marked the third monthly decrease in Japanese production and followed a revised 3.2% fall in October and 1.7% contraction in September. Output of general machinery slipped 7.9%, while that of production machinery decreased 5.7%, driving down the overall index in November. METI cut its assessment of industrial output for a second straight month, saying "production is weakening".
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