#jcustomer
Japanese Customer News
Friday 24th February 2012
1. Japanese customers shopped in January according to recent sales figures store sales grew
“Sales at all stores increased 0.8% to 753.8 billion yen.”
Source: Nikkei, Tuesday Feb 21, 2012 http://e.nikkei.com/e/fr/tnks/Nni20120221D21SS019.htm
2. Japanese parents likely to see Judo as a mandatory martial arts class at middles schools from April 1st, 2012
“When the Fundamental Law of Education was revised in 2006 to promote curriculums "valuing tradition and culture”
Source: Daily Yomiuri, Tuesday 21/2/12, http://www.yomiuri.co.jp/dy/national/T120220004311.htm
3. Japanese Customers selling their gold items as prices continue to rise
“More and more people who bought gold and jewelry in the 1980’s and 1990’s are selling back what they purchased”
Source: Xinhuanet.com
4. Japanese Interest rates 1985 – 2006
compared to USA & Australia
Long Term Interest rates,
Average long-term interest rate % per annum in each period
Country
1985-1989 1990-1995 1996-2000 2001-2006
Japan - 5.1 2.1 1.4
USA 8.8 7.2 5.9 4.5
Australia 13.2 9.8 6.6 5.6
Mean 9.7 8.5 5.5 4.3
Source: Chapter 3, Economics page 52, How Australia Compares, Tiffen & Gittens, 2nd Edition, 2009.Table 3.7
5. Inflation & Deflation as seen by Japanese customers
Inflation,
Average annual rise in consumer price index,%
Country
1960-1973 1973-1979 1979-1989 1989-1999 2000-2007
Japan 6.2 9.9 2.5 1.1 -0.4
USA 3.2 8.5 5.5 3.0 2.8
Australia 3.5 12.2 8.4 2.5 3.2
Mean 4.6 10.4 6.3 2.4 2.0
Source: Chapter 3, Economics page 52, How Australia Compares, Tiffen & Gittens, 2nd Edition, 2009.Table 3.6
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