The U.S. economy is gradually improving, Japan’s annual inflation rate is zero, indicating a weak economy

In Daily Market Review, English
23 10 月, 2020

The U.S. economy is gradually improving
The number of people claiming unemployment benefits for the first time in the United States unexpectedly dropped to 787,000 last week. The market originally expected 860,000, a decrease of 55,000 from the previous value. During the period, the number of people applying for unemployment benefits continued to drop significantly by more than 1.02 million to 8.373 million. Employment data reflect that as the economy gradually restarts and the traditional peak consumption season is approaching at the end of the year, American companies tend to postpone layoffs.

Japan’s annual inflation rate is zero, indicating a weak economy
Japan’s annual inflation rate in September was zero, which means there is no inflation or deflation. As for the dual-core annual inflation rate excluding food and energy, it is also zero inflation. The figures reflect that Japan’s economy is tenuously weak, and no matter how the Japanese government and the central bank throw out economic stimulus plans, they have not been able to stimulate the Japanese economy.

 

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