According to The Asahi Shimbun, Japan’s consumer price index for January jumped 4.2 percent year-on-year, the sharpest rise since September 1981, during the second oil crisis.
The internal affairs ministry announced the figures for the month excluding perishables on Feb. 24, with the CPI hitting 104.3. Food and energy prices continue to rise, mainly due to soaring global resource prices. https://www.asahi.com/ajw/articles/14847001
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According to The Australian Financial Review, Asahi Kasei Homes-owned NXT Building Group has made its long-anticipated move into the Melbourne market with the acquisition of sustainability-focused builder Arden Homes for an undisclosed price.
The move by Newcastle-based NXT, formerly known as MJH Group – and the second-largest builder nationally with 4143 housing starts – to buy a company that ranked 64th nationally last year with just 228 starts gives it a crucial footprint in the market it has lacked. https://www.afr.com/property/commercial/nxt-building-group-moves-into-victoria-with-arden-buy-20230220-p5clvv |
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