Japan Industrial Output Jumps 2.8% On Month In May
(RTTNews) - Industrial production in Japan was up a seasonally adjusted 2.8 percent on month in May, the Ministry of Economy, Trade and Industry said on Friday.
That beat forecasts for an increase of 2.0 percent following the 0.9 percent contraction in April.
On a yearly basis, industrial production was up 0.3 percent.
Upon the release of the data, the METI maintained its assessment of production, saying that it fluctuates indecisively but has weakened.
Shipments were up 3/5 percent on month and 0.9 percent on year, while inventories rose 1.1 percent on month but fell 1.9 percent on year. The inventory ratio sank 0.9 percent on month and 1.2 percent on year.
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Japan Manufacturing PMI Slips To 49.2 In October - Jibun
The manufacturing sector in Japan continued to contract in October, and at a faster rate, the latest survey from Jibun Bank revealed on Friday with a manufacturing PMI score of 49.2.
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Bank Of Japan Keeps Key Rate Unchanged
The Bank of Japan left its key interest rate unchanged as widely expected on Thursday and retained a cautious approach as political instability and looming US presidential election added concerns about economic outlook. In a unanimous vote, the Policy Board decided to maintain the uncollateralized overnight call rate to remain at around 0.25 percent. This was the highest since late 2008.
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Japan Retail Sales Gain 0.5% On Year In September
The value of retail sales in Japan was up 0.5 percent on year in September, the Ministry of Economy, Trade and Industry said on Thursday - coming in at 13.489 trillion yen.
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Japan Industrial Output Climbs 1.4% In September
Industrial production in Japan was up a seasonally adjusted 1.4 percent on month in September, the Ministry of Economy, Trade and Industry said on Thursday.
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Japan Jobless Rate Falls To 2.4% In September
The unemployment rate in Japan came in at a seasonally adjusted 2.4 percent in September, the Ministry of Internal Affairs and Communications said on Tuesday.
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Tokyo Inflation Falls Below 2%
Inflation in Japan's capital Tokyo fell below 2 percent for the first time since May, data from the Ministry of Internal Affairs and Communications showed Friday. Excluding fresh food, consumer price inflation weakened to 1.8 percent in October from 2.0 percent in September. Inflation was seen at 1.7 percent. The rate fell below 2.0 percent for the first time in five months.
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Japan Private Sector Contracts For First Time In 4 Months
Japan's private sector fell into the contraction zone for the first time in four months in October, the Purchasing Managers' survey compiled by S&P Global showed on Thursday. The au Jibun Bank flash composite output index posted 49.4 compared to 52.0 in the previous month. A score below 50 suggests contraction. Both manufacturing and services shrank in October due to a muted economy.
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Japan Inflation Slows To 2.5% On Year In September
Overall nationwide consumer prices in Japan were up 2.5 percent on year in September, the Ministry of Internal Affairs and Communications said on Friday.
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