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Financial News: Japan All Industry Activity Rises For Second Month

Japan All Industry Activity Rises For Second Month

09/23/2020 - 03:56:00 (RTTNews)

(RTTNews) - Japan's all industry activity rose for the second straight month in July, albeit at a softer pace, data from the Ministry of Economy, Trade and Industry showed on Wednesday.

The all industry activity index rose 1.3 percent month-on-month in July, after a 6.8 percent decline in June.

Among components, the construction activity rose 0.5 percent on month in July, after a 1.8 percent fall in June.

Industrial production rose 8.8 percent in July, following a 1.9 percent increase in the preceding month. The tertiary industry activity fell 0.5 percent in July, after a 9.0 percent rise.

On a yearly basis, the all industry activity index fell 10.6 percent in July, following a 10.2 percent decline in the prior month.

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