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Japan Housing Starts
Japan’s housing starts in January were 67,713 units, a 13 per cent drop from the same month in the previous year, according to Japan Lumber Reports and Japan Lumber Journal, both Friday. Compared to January 2013, the results decreased by 2.3 per cent. The seasonally-adjusted annual rate was 864,000 units. Housing starts of owner-occupied houses…
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Japan 2014 North American Log Imports
Japan’s total import of North American logs in 2014 was 3,047 million cubic metres, a 10.8 per cent drop compared to the previous year. Log imports in 2013 had increased, by 14 per cent over 2012, due to looming tax hike last year. North American Timber Market 2014: Japan Kure and Kashima remain the top…
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Japan 2014 Housing Starts
Japan’s housing starts in December 2014 were 76,416 units, down 14.7 per cent from the same month in the previous year, according to Japan Lumber Journal Monday. Total housing starts in Japan for 2014 were 892,261 units, down 9 per cent over one year ago. It was the first drop in five years but level…
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Japan Log and Lumber Import Forecast : 2015
The Japan Foreign Timber General Supply & Demand Liaison Conference on December 24 announced the demand forecast for major imported timber for full-year 2015, says the Japan Lumber Journal. According to the report, 2015 demand for logs in Japan is forecasted to be 4,100,000 cubic metres, and demand for lumber is forecasted to be 6,211,000…
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Quantitative Easing, Japan
Japan’s central bank expanded its quantitative easing program in October, swelling Japan’s monetary base by around 80 trillion yen (US$682.9 billion) per annum. The BOJ was expected to cut its consumer price index forecasts to 1.5 per cent when it wraps up its two-day meeting Wednesday, according to local media reports. Japan, QE The latest…