(MENAFN- Qatar News Agency) Kyo june 30 (qna) - japan's industrial production rose 0.5% in may rebounding from a decline the previous month government data showed monday suggesting the april 1 consumption tax hike had a limited impact on demand
the seasonally adjusted index of output at factories and mines stood at 99.8 against the base of 100 in 2010 japan's ministry of economy trade and industry said in a preliminary report
the index of industrial shipments lost 1.2% to 96.8 while that of inventories was up 2.9% at 108.3 according to japan's (kyodo) news agency
the month-on-month rise of the output index compared with a 2.8% drop in april but the figure for may was below average market expectations for a 0.9% increase. (qna
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.