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- Japan's all industry activity expanded for the third straight month
Japan's all industry activity expanded for the third straight month
Rttnews says that Japan's all industry activity expanded for the third straight month in August, the Ministry of Economy, Trade and Industry showed Wednesday.
The all industry activity index grew 0.2 percent on a monthly basis in August, the same rate as registered in July and matched economists' expectations.
Industrial production rose 1.3 percent, in contrast to a 0.4 percent drop in July. At the same time, tertiary industry activity remained flat in August.
On the other hand, construction activity contracted 0.8 percent, reversing a 1.3 percent rise in July.
Year-on-year, all industry activity grew 1.7 percent after posting a 0.8 percent drop a month ago.
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