Japan's industrial output rose 2.5 percent in December from the previous month for the first expansion in two months due to robust demand for automobiles and machinery, official data showed Thursday. The growth followed a 1.4 percent revised fall in November, according to the Ministry of Economy, Trade and Industry. The ministry upgraded its overall assessment of production of the world's third-biggest economy for the first time in 11 months, saying, "Industrial production has shown signs of halting declines." In the previous month, it said output was on a downward trend. According to the ministry, production of vehicles rose on the back of higher demand both in domestic and North American markets. Looking ahead, the ministry expects production will continue to climb in the coming months thanks to the weakening yen and economic recovery in other countries.
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