Arab Today, arab today japan\s industrial output rises for third month
Last Updated : GMT 02:09:44
Arab Today, arab today
Arab Today, arab today

Japan\'s industrial output rises for third month

Arab Today, arab today

Arab Today, arab today Japan\'s industrial output rises for third month

Tokyo - AFP

Japan\'s industrial production rose for the third straight month in June as companies led by automakers continued to revive output amid an ongoing recovery of supply chains after the March 11 tsunami. Japan\'s output rose 3.9 percent in June from the previous month, data showed Friday, albeit slower than a 4.3 percent gain expected in a survey of economists by Dow Jones Newswires. The ministry forecast output to rise 2.2 percent in July, better than an earlier estimate of a 0.5 percent gain, and 2.0 percent in August, although analysts warn that summer power consumption curbs add uncertainty to estimates. \"Industrial Production is on a recovery trend after the Great East Japan Earthquake,\" the Ministry of Economy, Trade and Industry said in a statement. Leading the rise were gains in automobile production and electronics parts and devices, the ministry said. We had already expected a rise for the June industrial output, but the ministry\'s expectations for July have improved, which is reassuring\" amid power constraint concerns, said Taro Saito, senior economist at NLI Research Institute. he Japanese government has ordered major firms to cut peak electricity use by 15 percent between July and September, as most of the nation\'s nuclear reactors remain offline in the wake of the crisis at the Fukushima plant. The June figure nevertheless marked a slower pace of growth than May, which saw output rise 6.2 percent. A 9.0 magnitude earthquake on March 11 triggered a tsunami that tore into Japan\'s northeast coast, leaving 20,000 dead or missing while sparking meltdowns and explosions at the Fukushima Daiichi nuclear power plant. Japanese production tumbled by a record amount in the quake\'s aftermath as companies shut plants amid power shortages and a scramble for key components, with supply chains broken. As consumers slashed spending amid a mood of self-restraint following the disasters, the economy tipped into a technical recession in the first quarter. Further data Friday showed that Japanese consumers remained cautious as household spending fell 4.2 percent in June, a steeper decline than market expectations of a 2.0 percent drop. It had plunged 8.5 percent in March while the pace of decline eased in April and May by 3.0 percent and 1.9 percent. Other data Friday showed Japan\'s core consumer prices rose 0.4 percent in June from a year earlier, slightly less than market expectations of a 0.5 percent gain. The core consumer price index, which excludes volatile food prices, rose for the third consecutive month after gaining in April for the first time in more than two years, but analysts expect an eventual return to deflation. The government will change the data\'s base year to 2010 from 2005 in July\'s result, which will be released next month, and will release revised CPI data covering January to June using the new base year. The changes are expected to deflate the consumer price index. Separate data showed Japan\'s unemployment rate rose to 4.6 percent in June, up 0.1 percentage points from the previous month, excluding figures from the disaster-hit northeast of the country. The market had expected the rate to be flat at 4.5 percent, although analysts warn that the data masks the reality of the situation. \"These figures do not show the employment situation of the disaster-hit prefectures,\" said Saito. \"The actual joblessness must be much worse than the announced reading.\"

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japan\s industrial output rises for third month Arab Today, arab today japan\s industrial output rises for third month

 



Arab Today, arab today
Arab Today, arab today Nasima Gamei revives Algerian heritage in jewelries

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives Algerian heritage in jewelries
Arab Today, arab today Saudis await visitors but will they come?

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Blind sheikh buried in Egypt

GMT 06:32 2017 Thursday ,23 February

Blind sheikh buried in Egypt
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success

GMT 16:32 2017 Wednesday ,22 February

US Treasury chief tells IMF to monitor currencies

GMT 16:08 2017 Wednesday ,22 February

Qatari banks merger to rebalance financial sector

GMT 05:57 2017 Wednesday ,22 February

Britain risks clash with EU over RBS bailout

GMT 05:26 2017 Wednesday ,22 February

Singapore carbon tax would hit refiners, help renewables

GMT 05:18 2017 Wednesday ,22 February

Chinese PM: US should avoid ‘trade war,’

GMT 20:59 2017 Tuesday ,21 February

Economy good, but homes in German cities overpriced

GMT 05:29 2017 Tuesday ,21 February

Sovereign funds pulled $38bn from markets in 2016
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Salma Rashid happy for 'A Whisper of Love'

GMT 05:19 2017 Tuesday ,21 February

Salma Rashid happy for 'A Whisper of Love'
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 06:41 2017 Monday ,20 February

Janat pleased for issuing 'Good Morning'

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:22 2017 Monday ,20 February

Kanye West puts hijab-wearing model
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday