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Financial News: Japan All Industry Index Falls Further In March

Japan All Industry Index Falls Further In March

05/24/2019 - 01:55:00 (RTTNews)

(RTTNews) - Japan's all industry activity fell further in March, figures from the Ministry of Economy, Trade and Industry showed on Friday.

The all industry activity index declined 0.4 percent month-on-month in March, following a 0.2 percent drop in February. Economists had forecast a monthly fall of 0.2 percent.

Among components, construction industry activity increased 0.3 percent, slower than 1.5 percent rise in February. At the same time, industrial production declined 0.6 percent, reversing a 0.7 percent gain in February.

Tertiary industry activity fell 0.4 percent, following a 0.6 percent decline in February.

On a yearly basis, all industry activity dropped 0.4 percent in March, after a 0.3 percent increase in the previous month.

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