The main stock market index in Japan (JP225) decreased 2147 points or 5.38% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks this benchmark index from Japan. Japan Stock Market Index (JP225) - values, historical data, forecasts and news - updated on March of 2025.

The central bank policy rate in Japan stood at 0.5 percent in February 2025. In March 2024, the Bank of Japan raised short-term interest rates for the first time in 17 years, ending its negative interest rate policy. From August 2024 onwards, the central bank encouraged the uncollaterized overnight call rate to remain at 0.25 percent. A third rate hike to 0.5 percent was implemented in January 2025. In 2016, the Bank of Japan had introduced a policy of quantitative and qualitative monetary easing (QQE) with yield curve control, one component of which included controlling short-term and long-term interest rates through market operations.

The benchmark interest rate in Japan was last recorded at 0.50 percent. This dataset provides - Japan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In January 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In early 2025, Russia maintained the highest interest rate at 21 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at 0.5 percent in January 2025. In contrast, Russia maintained a high inflation rate of 9.9 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

The USDJPY decreased 0.3450 or 0.23% to 150.2290 on Thursday March 27 from 150.5740 in the previous trading session. Japanese Yen - values, historical data, forecasts and news - updated on March of 2025.

Japan 10Y Bond Yield was 1.59 percent on Thursday March 27, according to over-the-counter interbank yield quotes for this government bond maturity. Japan 10 Year Government Bond Yield - values, historical data, forecasts and news - updated on March of 2025.

With the collapse of the U.S. housing market and the subsequent financial crisis on Wall Street in 2007 and 2008, economies across the globe began to enter into deep recessions. What had started out as a crisis centered on the United States quickly became global in nature, as it became apparent that not only had the economies of other advanced countries (grouped together as the G7) become intimately tied to the U.S. financial system, but that many of them had experienced housing and asset price bubbles similar to that in the U.S.. The United Kingdom had experienced a huge inflation of housing prices since the 1990s, while Eurozone members (such as Germany, France and Italy) had financial sectors which had become involved in reckless lending to economies on the periphery of the EU, such as Greece, Ireland and Portugal. Other countries, such as Japan, were hit heavily due their export-led growth models which suffered from the decline in international trade. Unemployment during the Great Recession As business and consumer confidence crashed, credit markets froze, and international trade contracted, the unemployment rate in the most advanced economies shot up. While four to five percent is generally considered to be a healthy unemployment rate, nearing full employment in the economy (when any remaining unemployment is not related to a lack of consumer demand), many of these countries experienced rates at least double that, with unemployment in the United States peaking at almost 10 percent in 2010. In large countries, unemployment rates of this level meant millions or tens of millions of people being out of work, which led to political pressures to stimulate economies and create jobs. By 2012, many of these countries were seeing declining unemployment rates, however, in France and Italy rates of joblessness continued to increase as the Euro crisis took hold. These countries suffered from having a monetary policy which was too tight for their economies (due to the ECB controlling interest rates) and fiscal policy which was constrained by EU debt rules. Left with the option of deregulating their labor markets and pursuing austerity policies, their unemployment rates remained over 10 percent well into the 2010s. Differences in labor markets The differences in unemployment rates at the peak of the crisis (2009-2010) reflect not only the differences in how economies were affected by the downturn, but also the differing labor market institutions and programs in the various countries. Countries with more 'liberalized' labor markets, such as the United States and United Kingdom experienced sharp jumps in their unemployment rate due to the ease at which employers can lay off workers in these countries. When the crisis subsided in these countries, however, their unemployment rates quickly began to drop below those of the other countries, due to their more dynamic labor markets which make it easier to hire workers when the economy is doing well. On the other hand, countries with more 'coordinated' labor market institutions, such as Germany and Japan, experiences lower rates of unemployment during the crisis, as programs such as short-time work, job sharing, and wage restraint agreements were used to keep workers in their jobs. While these countries are less likely to experience spikes in unemployment during crises, the highly regulated nature of their labor markets mean that they are slower to add jobs during periods of economic prosperity.

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Furniture And Home Furnishing Market Size 2025-2029

The furniture and home furnishing market size is forecast to increase by USD 78.5 billion at a CAGR of 2.2% between 2024 and 2029.

The Furniture and Home Furnishings market is experiencing significant growth, driven by evolving consumer demographics in emerging economies and the increasing demand for personalized furniture solutions. The global economic landscape also plays a crucial role in market dynamics, with trends such as increasing disposable income and urbanization influencing consumer behavior. Emerging economies, particularly in Asia Pacific and Latin America, are witnessing a shift in consumer preferences towards modern and functional home furnishings. As disposable income increases, consumers in these regions are investing in furniture that reflects their style and enhances their living spaces. Additionally, the construction sector is contributing to this growth, with new housing developments and urban expansion driving demand for home furnishings. This trend is expected to continue, with the market forecast to grow at a steady pace.
However, the market is not without challenges. Global economic factors, such as inflation, trade policies, and currency fluctuations, can significantly impact the cost of raw materials and production, leading to price volatility. Additionally, the increasing popularity of e-commerce platforms and the rise of local players in emerging markets pose significant competition for established players. Companies seeking to capitalize on market opportunities and navigate challenges effectively must stay abreast of these trends and adapt to the evolving market landscape. To remain competitive, furniture and home furnishings companies must focus on innovation, personalization, and cost efficiency.

What will be the Size of the Furniture And Home Furnishing Market during the forecast period?

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The market encompasses a wide range of products, including home furniture, household equipment, home textiles, wall decor, and more. This market is characterized by continuous growth and innovation, driven by evolving consumer lifestyles and demographic shifts. Consumer confidence remains strong, leading to steady demand for both ecommerce and in-store sales. Major trends include smart home integration, space optimization, and outdoor living solutions. Innovative technologies, such as AI-powered experiences, affordable furniture, and personalized home accents, are gaining popularity. Consumers seek multifunctional furniture ideas, budget-friendly home improvement solutions, and rental-friendly decor. Sustainability is a key consideration, with eco-friendly home decor, upcycled furniture, and counterfeit product prevention being important areas of focus.
Home office design, home decor trends, and vintage furniture are also popular areas of interest. Retailers are adapting to these trends by offering space maximization solutions, lightweight and durable furniture, and budget-friendly options. Overall, the market is dynamic and diverse, responding to the ever-changing needs and preferences of consumers.

How is the Furniture And Home Furnishing Industry segmented?

The furniture and home furnishing industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Indoor
  Outdoor


Distribution Channel

  Offline
  Online


Material

  Wood
  Metal
  Others


Product Type

  Living room furniture
  Bedroom furniture
  Kitchen and dining furniture
  Others


Geography

  APAC

    Australia
    China
    India
    Japan
    South Korea


  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  Middle East and Africa



  South America

By Application Insights

The indoor segment is estimated to witness significant growth during the forecast period. The indoor market experiences substantial growth due to the increasing importance of creating comfortable and aesthetically pleasing indoor spaces. Consumers prioritize living rooms, bedrooms, and dining rooms, leading to increased sales of sofas, beds, tables, and decorative items. Factors such as remote work and home-centric lifestyles fuel the demand for versatile and creative furniture options. Minimalist and adaptable designs, influenced by interior decor trends, further boost sales.

Space optimization, smart home integration, and outdoor living solutions are also popular trends. The market encompasses various product categories, including furniture, household equipment, interior decoration services, home textiles, wall decor, and kitchen furnishings. Sustainability is a key consideration, with a focus on eco-friendly materials and reduced CO2 emissions.

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