Japan's industrial output rose 2.0 percent in May from the previous month for the fourth consecutive monthly expansion, official data showed Friday, adding to signs that the country's economy is on a recovery path. The growth followed a 0.9 percent revised growth in April, according to the Ministry of Economy, Trade and Industry. The gain was mainly attributed to stronger output of general machinery, electrical machinery and chemicals, the ministry said. The ministry maintained its overall assessment of production of the world's third-biggest economy, saying, "Industrial production has shown signs of picking up at a moderate pace." Looking ahead, the ministry said output is expected to fall 2.4 percent in June and then grow 3.3 percent in July. Also on Friday, the government said Japan's jobless rate was flat at 4.1 percent in May from the previous month.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor