Economic news(2023/10/27)
US September personal consumption expenditure price index remains at the same level for 3 consecutive months
2023-10-27 23:57:00
Last month's PCE (personal consumption expenditure) price index in the United States increased by 3.4% compared to the same month last year, staying at the same level for three consecutive months. Although inflation continues to trend down, it remains above the Federal Reserve's price target, and there is a widespread view in the market that high interest rates will continue for the time being.
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SBI Holdings to build factory in Miyagi Prefecture with Taiwanese semiconductor giant
2023-10-27 22:19:00
It has been revealed that SBI Holdings, a major online financial company, and a major Taiwanese semiconductor company have decided to jointly build a semiconductor factory in Miyagi Prefecture, spending approximately 400 billion yen.
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Stock values rise due to strong financial results of US high-tech companies, etc.
2023-10-27 19:34:00
Stock prices rose on the Tokyo stock market on the 27th.
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[Economy column]
2023-10-27 19:07:00
Long-term interest rates continue to rise. On October 26, the yield on 10-year government bonds, a representative indicator of long-term interest rates, rose to 0.885% for the first time in 10 years. It is approaching the 1%, which is the de facto limit set by the Bank of Japan. Long-term interest rates are also called the thermometer of the economy. It is formed based on various factors such as the economy, prices, and exchange rates, but what level are we aiming for? I interviewed you. (Economy Department reporter Koki Nishizono)
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Keidanren reveals draft of basic spring labor policy, calls on companies to continue raising wages
2023-10-27 18:43:00
Ahead of next year's spring labor union, the draft of Keidanren's basic policy, which will serve as guidelines for corporate management, has been revealed. ``I would like to ask companies to actively consider and implement this with even more enthusiasm and determination than they did this year,'' calling on each company to continue raising wages.
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Yen market price rises slightly
2023-10-27 18:15:00
In the Tokyo foreign exchange market on the 27th, the yen exchange rate rose slightly.
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Electricity charges billed in December decreased at 8 out of 10 major electric power companies
2023-10-27 16:56:00
Electricity bills billed in December by 10 major electric power companies will be lower at 8 out of 10 companies due to the drop in the price of coal, which is the fuel for thermal power generation.
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Sagawa Express will raise delivery fees for the second consecutive year from April next year
2023-10-27 13:02:00
Sagawa Express, a major delivery company, has decided to raise its delivery fees by approximately 7% on average from April next year. The price increase is the second year in a row, and the company says it will be used to improve employee conditions as the labor shortage in the logistics industry becomes increasingly serious.
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Economic Revitalization Minister considers the state of economic and fiscal management to be discussed at a panel of experts
2023-10-27 12:42:00
In order to consider the ideal form of medium- to long-term economic and fiscal management in response to issues such as the declining birthrate and aging population, Minister in charge of Economic Revitalization Shindo will establish a panel of experts from private think tanks and universities and begin discussions. revealed.
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September: Fish and shellfish exports to China decreased by 99% compared to the same month last year Ministry of Finance trade statistics
2023-10-27 12:23:00
According to trade statistics from the Ministry of Finance, the amount of seafood exported from Japan to China in September, excluding processed products, decreased by 99% compared to the same month last year. This was caused by China's opposition to the release of treated water from Tokyo Electric Power Company's Fukushima Daiichi Nuclear Power Plant and the complete suspension of imports of Japanese seafood.
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Consumer price index for October in Tokyo's 23 wards increased by 2.7% from the same month last year
2023-10-27 10:53:00
The consumer price index for October in Tokyo's 23 wards is preliminary, and the index, which excludes fresh food, which is subject to large fluctuations due to weather, rose 2.7% from the same month last year. The rate of increase increased by 0.2 points from September, expanding for the first time in four months, as the rate of decline in electricity and city gas prices slowed.
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Ford in the U.S. Profit and loss expected to worsen by approximately 190 billion yen due to strike
2023-10-27 10:48:00
Ford, a major American automaker, has announced that it expects its profit and loss to worsen by approximately 190 billion yen this year due to the strike by the UAW (United Auto Workers Union).
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Consumer price index for October in Tokyo's 23 wards increased by 2.7% from the same month last year
2023-10-27 10:09:00
The consumer price index for October in Tokyo's 23 wards is preliminary, and the index, which excludes fresh food, which is subject to large fluctuations due to weather, rose 2.7% from the same month last year. The rate of increase was 0.2 points higher than September's 2.5%, expanding for the first time in four months. Among these, "food excluding fresh food" has increased by 7.3% compared to the same month last year, and continues to remain at a high level.
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Amazon 3-month financial results YoY sales increased by 13% to over 21 trillion yen
2023-10-27 08:22:00
American IT giant Amazon's financial results for the three months ending in September showed a 13% increase in revenue due to strong performance in online shopping and advertising businesses.
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NY stock prices fall for 2 consecutive days, yen exchange rate trades at 150 yen level
2023-10-27 06:54:00
On the 26th, the New York stock market saw an increase in sell orders due to concerns about the future of corporate performance, and the Dow Jones Industrial Average fell for the second consecutive day.
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U.S. GDP growth rate from July to September +4.9% annualized, 5th consecutive quarter of positive growth
2023-10-27 00:33:00
The growth rate of GDP (gross domestic product) in the United States from July to September this year was an annualized increase of 4.9%, marking the fifth consecutive quarter of positive growth. The US economy remained strong even with high interest rates.
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European Central Bank postpones interest rate hike, leaves main policy interest rate unchanged
2023-10-27 00:21:00
The European Central Bank held a monetary policy meeting and decided not to raise interest rates, leaving the main policy interest rate unchanged. This is the first time that interest rates have been left unchanged since interest rates were raised in July last year.
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