Home GRASP/Japan Japan factory output climbs in June, as inflation stalls

Japan factory output climbs in June, as inflation stalls

269
0
SHARE

TOKYO (AP) — Japan reports its factory output rose in June, while unemployment fell to 2.8 percent, as a recovery…
TOKYO (AP) — Japan reports its factory output rose in June, while unemployment fell to 2.8 percent, as a recovery in global demand helped drive growth.
The Ministry of Economy, Trade and Industry reported Monday that factory production in June rose 4.9 percent over a year earlier and 1.6 percent from the month before.
Consumer demand in the world’s No. 3 economy picked up in June with the payment of half-yearly bonuses.
Labor conditions were tight, with the number of job offers to applicants at a 43-year high of 1.

Continue reading...