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Financial News: Japan All Industry Activity Recovers In August

Japan All Industry Activity Recovers In August

10/19/2017 - 02:49:00 (RTTNews)

(RTTNews) - Japan's all industry activity recovered in August, data from the Ministry of Economy, Trade and Industry showed Thursday.

The all industry activity index edged up 0.1 percent month-on-month in August, offsetting a 0.1 percent fall in July. However, the pace of growth was weaker than the expected 0.2 percent.

A 2.3 percent decrease in construction activity and a 0.2 percent fall in tertiary industry activity were offset by a 2 percent expansion in industrial output.

On a yearly basis, growth in all industry activity slowed to 1.7 percent in August from 2 percent in July.

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