56431
Japan Economy Sees Light of Hope
Japan Economy Sees Light of Hope

Japan Economy Sees Light of Hope

Japan Economy Sees Light of Hope

Japan's factory output rose in November and manufacturers expect to ramp up production in coming months, data showed Wednesday, RTE reported. This underscored the central bank's view that a pick-up in global demand will underpin a steady economic recovery. Japanese retail sales also increased in November and inventory fell for three months in a row, suggesting a broader improvement in the economy, with a recent rebound in exports also seen supporting growth. The figures reinforce the dominant market view that the Bank of Japan will hold off on expanding monetary stimulus in coming months. Industrial output in Japan rose by 1.5% in November from the previous month, preliminary data released by the trade ministry showed, roughly matching a median market forecast for a 1.6% increase. It followed a 0.6% gain in September and a flat reading in October. Manufacturers surveyed by the ministry expect output to increase 2% in December and rise 2.2% in January, a sign they are becoming more optimistic on the outlook for overseas demand.

 

Short URL : https://goo.gl/wjymUY
  1. https://goo.gl/KfvvjZ
  • https://goo.gl/Aq77NE
  • https://goo.gl/tBt6Tc
  • https://goo.gl/cXhB5p
  • https://goo.gl/nudfOH

You can also read ...

Romania Economy and Formula 1
According to National Bank of Romania advisor Lucian Croitoru...
Gazans on Edge of Economic Collapse
Across the 140-square-mile territory, Gazans are struggling to...
Philippines, New Zealand and Singapore have achieved greater gender equality in the workplace.
Hiring more women could supercharge Asia’s economies. A report...
Most vulnerable countries include Turkey (high current-account deficit) and nations such as Saudi Arabia that are pegged to the dollar.
Two months ago, when the US benchmark 10-year treasury yield...
French PMI Weakens
French industrial morale weakened slightly in April compared...
Global Cybercrime Generating $1.5t in Illicit Profits
New criminality platforms and a booming cybercrime economy...
The government is working on the culture of workaholism and is considering legislation that would cap the total amount  of overtime a worker could do at 100 hours a month.
All is not well in the Land of the Rising Sun. Japan, a...
EC Investigates Apple-Shazam Deal
Apple’s $400 million acquisition of music identification...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus