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Japan Producer Prices Rise 0.8% On Year In May

Producer prices in Japan were up 0.8 percent on year in May, the Bank of Japan said on Tuesday.

That was shy of expectations for an increase of 1.0 percent and down from the upwardly revised 1.0 percent gain in April (originally 0.9 percent).

On a monthly basis, producer prices dipped 0.3 percent after easing 0.1 percent in the previous month.

Individually, prices were down for communications, transportation, advertising and maintenance, while prices were up for real…

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*Japan Producer Prices +0.8% On Year In May

Japan Producer Prices +0.8% On Year In May


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26 minutes ago
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New Zealand May Trade Surplus NZ$264 Million

New Zealand posted a merchandise trade surplus of NZ$264 million in May, Statistics New Zealand said on Tuesday.

That beat forecasts for a surplus of NZ$250 million following the NZ$433 million surplus in April.

Exports were up 8.5 percent on year to NZ$5.81 billion, also exceeding expectations for NZ$5.61 billion and up from NZ$5.55 billion in the previous month.

The leading contributor to the rise was exports of milk powder, butter, and cheese, up NZ$171 million…

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New Zealand Has NZ$264 Million Trade Surplus In May

New Zealand had a merchandise trade surplus of NZ$264 million in May, Statistics New Zealand said on Tuesday.

That beat forecasts for a surplus of NZ$250 million following the NZ$433 million surplus in April.

Exports were up 8.5 percent on year to NZ$5.81 billion, also exceeding expectations for NZ$5.61 billion and up from NZ$5.55 billion in the previous month.

Imports climbed an annual 7.6 percent to NZ$5.54 billion versus forecasts for NZ$5.40 billion and up from…

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*New Zealand Exports +8.5% On Year, Imports +7.6% On Year In May

New Zealand Exports +8.5% On Year, Imports +7.6% On Year In May


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*New Zealand Has NZ$264 Million Trade Surplus In May

New Zealand Has NZ$264 Million Trade Surplus In May


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The best and worst U.S. states for retirement

Florida is the best state for retirees, unsurprisingly, while Kentucky is the worst. Florida has one of the lowest tax burdens, with no personal income tax. ...
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Bank Of Japan Minutes On Tap For Tuesday

The Bank of Japan will on Tuesday release the minuets from its monetary policy meeting on April 25, highlighting a modest day for Asia-Pacific economic activity.

At the meeting, the policy board voted 7-2 to maintain interest rate at -0.1 percent on current accounts that financial institutions maintain at the bank. It also said it will purchase government bonds so that the yield of 10-year JGBs will remain at around zero percent.

Japan also will see producer price data for…

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