Asian Economic News

Japan All Industry Activity Rebounds In April

Japan's all industry activity rebounded in April from March, data published by the Ministry of Economy, Trade and Industry showed Wednesday.

The all industry activity index climbed 2.1 percent month-on-month in April, reversing a 0.7 percent fall in March. The monthly rate also exceeded the expectations of 1.6 percent.

Construction activity surged 7.3 percent in contrast to March's 0.9 percent drop. Likewise, industrial output advanced 4 percent following a 1.9 percent decrease.

Tertiary industry activity grew 1.2 percent versus a 0.3 percent fall in March.

On a yearly basis, all industry activity growth accelerated to a 5-month high of 1.9 percent from 1 percent in March.

by RTTNews Staff Writer

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