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Financial News: Japan All Industry Activity Stable In August

Japan All Industry Activity Stable In August

10/21/2019 - 02:18:00 (RTTNews)

(RTTNews) - Japan's all industry activity remained unchanged in August, figures from the Ministry of Economy, Trade and Industry showed on Monday.

The all industry activity index remained unchanged month-on-month in August, after a 0.2 percent rise in July. Economists had forecast a modest 0.1 percent fall.

Among components, industrial production dropped 1.2 percent annually in August, reversing a 1.3 percent rise in July. Construction activity fell 0.6 percent in August, following a 1.3 percent decline in the preceding month.

Meanwhile, the tertiary industry activity rose 0.4 percent in August, following a 0.1 percent increase in the previous month.

On a yearly basis, the all industry activity index declined 0.5 percent in August, after a 1.3 percent increase in the prior month.

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