You are here

Japan's April factory output up 0.3% m-o-m

japan1.jpg
Japanese industrial output unexpectedly rose 0.3 per cent in April, government data showed on Tuesday, suggesting production was holding up despite weak exports and the hit from a series of earthquakes in southern Japan during the month.

[TOKYO] Japanese industrial output unexpectedly rose 0.3 per cent in April, government data showed on Tuesday, suggesting production was holding up despite weak exports and the hit from a series of earthquakes in southern Japan during the month.

The increase compared with a median market forecast for a 1.5 per cent drop.

Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect output to rise 2.2 per cent in May and increase 0.3 per cent in June.

REUTERS

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom