Market news
20.11.2013, 11:15

Japan's all industry activity rises for third month

Japan's all industry activity increased for a third consecutive month in September, data released by the Ministry of Economy, Trade and Industry showed Wednesday.

The all industry activity index rose 0.4 percent month-on-month in September, after a 0.3 percent rise in August. The outcome was in line with expectations.

Industrial production gained 1.3 percent on a monthly basis, recovering from a 0.9 percent drop in August. Construction output grew 1.4 percent and the indices of government services rose 0.4 percent.

At the same time, the indicator for tertiary industry activity fell 0.2 percent month-on-month.

On a year-on-year basis, the all industry activity index increased 2.2 percent in September following a 0.9 percent rise in the previous month.

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