Tag Archive | "retail sales"

Business Products Credit Association

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Business Products Credit Association is member owned non-profit organization. It was established in 1875. Business Products Credit Association and Credit Research Foundation are partners. In order to mold the payment trend and the credit custom of the customers, education is also offered to the clients. Its membership is only for wholesalers, factors and distributors and manufacturers.

Membership:

Membership

BPCA enables its members to get low cost payment reports online. These reports are particular for the industry so you are well informed about the payment criteria for the others in your industry. Members get email notification regarding any significant information when the customers have been entered by the other members.

Payment information is provided by BPCA in the form of BPCA Interchange Reports which are made by the wide database of customers, explaining the manner in which other members are being paid. It is the prime responsibility of BPCA to provide communication and information in an appropriate manner to the members.

Collection Service Letters Service:

BPCA provides collection letter service which has been confirmed so much efficient for its members. Read the full story

Japan’s Economy heading towards deflation- Retail Sales Falls up to 5.8%

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It is shown from Japan consumer price Index that their economy is moving towards deflation the overall sales show that the consumption of different commodities might not be supporting prices. The government has announced to pass a budget for 2009/10 probably on Friday. Government is facing immense pressure to spend more in order to stimulate consumer price index.

comsumer price index

The main reason of this deflation is a slide in oil prices as the government makes efforts to pull out the country from deepening recession period.

There has been a larger fall in prices than what was expected in February retail sales that are yet another bad sign for the exports, as they are Japan’s main engine of growth.
Japanese inflation rate remains fixed in February, but economists warned that the country will face the deflation as soon as the global downturn hits demand at home and abroad.

In December the figure of the core Consumer Price Index (CPI) rises 0.2% but become flat in January, in this CPI the volatile fresh food prices were excluded. The CPI remains unchanged from a year earlier although it was expected that there would be a small drop.
Prices slid by 0.1 percent on per year basis in the “core-core” index, which excludes the fresh food and energy prices.

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