JCN(Japan Corporate Number) 2000012010019 Japanese; Time series table Release Archive Information on Corrections. While the higher factory output would indicate demand was improving, weakening retail sales would be a worrying sign for private consumption, which accounts for more than half of the world’s third largest economy. Unauthorized distribution, transmission or republication strictly prohibited.This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic.

Quarterly Estimates of GDP. Reporting by Tetsushi Kajimoto; Editing by Simon Cameron-MooreFILE PHOTO: Smoke rises from a factory during sunset at Keihin industrial zone in Kawasaki, Japan, January 16, 2017.

But factory activity is still far from pre-pandemic levels.Manufacturers surveyed by METI expect output to increase 4.0% in August and grow 1.9% in September.METI raised its assessment on industrial output, saying it was picking up.Highlighting weak consumer demand, however, retail sales fell 2.8% year-on-year in July, worse than a 1.7% drop seen by economists in a Reuters poll and following a 1.2% drop in June. Visit our © 2020 Financial Post, a division of Postmedia Network Inc. All rights reserved. Comments may take up to an hour for moderation before appearing on the site. The Reuters Tankan index in Japan recovered 11 points from the previous month to -33 in August 2020, improving from the lowest level since June 2009, as manufacturers gradually recover from the global economic downturn.

TOKYO — Japan’s factory output rose for a second straight month in July, signaling a gradual recovery from the blow delivered by the coronavirus pandemic.But retail sales fell for a fifth straight month and at a somewhat faster pace, a worrying sign for private consumption, which accounts for more than half of the world’s third-largest economy.Monday’s data underscored the fragility of an economy that suffered a record 27.8% contraction in the April-June quarter as the pandemic took a heavy toll on both domestic and external demand.While analysts believe the economy has bottomed out after lockdowns were lifted in late May, they say any recovery will be modest amid worries about a second wave of infections.Ministry of Economy, Trade and Industry (METI) data showed Japan’s industrial output grew 8.0% in July from the previous month, versus economists’ median estimate of a 5.8% gain and following a 1.9% increase in June.It was the second straight month of gains after having hit its lowest level in May since the global financial crisis. Japan-U.S. Input-Output Table: Inter-Regional Input-Output Table: Others. The job market, which before the pandemic had been its tightest in decades, is likely to have weakened in July. It was the thirteenth straight decline, as heavy declines in exporting and cyclical sectors are now followed by sharp drops in services.

For further inquiries about each statistics, contact … REUTERS/Toru Hanai Retail sales likely fell 1.7% year-on-year in July, after a 1.2% drop in June, the poll showed. “However, we cannot rule out the risk that output may falter depending on the spread of infections.” Ministry of Economy, Trade and Industry (METI) data due out at 8:50 a.m. Monday (2350 GMT Sunday) will likely show Japan’s industrial output grew 5.8% in July from the previous month, following a 1.9% gain in June.

Ministry of Economy, Trade and Industry (METI) data showed Japan’s industrial output grew 8.0% in July from the previous month, versus economists’ median estimate of a 5.8% gain and following a 1.9% increase in June. Separate data out at 2 p.m. Monday (0500 GMT) will likely show housing starts tumbled 12.5% in the year to July, broadly similar to June, the poll showed. Release Schedule ... 1-6-1 Nagata-cho, Chiyoda-ku, Tokyo 100-8914, Japan. If you don't see it please check your junk folder.The next issue of Top Stories Newsletter will soon be in your inbox.We encountered an issue signing you up. GA technologies was selected as Digital Transformation Stock Selection (DX Stock) 2020 by Japan's Ministry of Economy, Trade and Industry and Tokyo Stock Exchange It was the second straight month of gains after having hit its lowest level in May since the global financial crisis.

Ministry of Economy, Trade and Industry (METI) data due out at 8:50 a.m. Monday (2350 GMT Sunday) will likely show Japan’s industrial output grew 5.8% in … We ask you to keep your comments relevant and respectful.

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