Japan All Industry Activity Stable In August

Japan’s all industry activity remained unchanged in August, figures from the Ministry of Economy, Trade and Industry showed on Monday.

The all industry activity index remained unchanged month-on-month in August, after a 0.2 percent rise in July. Economists had forecast a modest 0.1 percent fall.

Among components, industrial production dropped 1.2 percent annually in August, reversing a 1.3 percent rise in July. Construction activity fell 0.6 percent in August, following a 1.3 percent decline in the preceding month.

Meanwhile, the tertiary industry activity rose 0.4 percent in August, following a 0.1 percent increase in the previous month.

On a yearly basis, the all industry activity index declined 0.5 percent in August, after a 1.3 percent increase in the prior month.

The material has been provided by InstaForex Company – www.instaforex.com