Sunday, June 28, 2009

Japanese Industrial Production Jumps, But Still Down 30% YoY

Bloomberg reports:

Japan’s industrial output rose for a third month in May as companies rebuilt inventories and cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 economy started to climb out of its deepest postwar recession.

Production climbed 5.9 percent from a month earlier, cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 Trade Ministry said today in Tokyo, cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 same pace as April, which was cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 biggest gain since 1953. Economists surveyed by Bloomberg predicted a 6.9 percent increase, and factories were still producing 29.5 percent less than last year.


One of cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 largest areas of industrial production in Japan is production of passenger cars, which makes up ~8.5% of cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 index. This areas showed a HUGE rebound over cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 last month, up 34% month over month (seasonally adjusted), though still down 40% from cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 same period last year.



Source: METI.GO.JP

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