Japan All Industry Activity Rebounds In August



Japan's all industry activity rebounded in August, figures from the Ministry of Economy, Trade and Industry showed Monday.

The all industry activity index climbed 0.5 percent month-on-month in August, reversing a 0.2 percent drop in July and a 0.9 percent decrease in June. Economists had forecast a monthly growth of 0.4 percent. Among components, construction industry activity gained 0.8 percent, in contrast to a 1 percent fall in July. At the same time, industrial production grew 0.2 percent, offsetting July's 0.2 percent decrease.

Tertiary industry activity climbed 0.5 percent, following a 0.1 percent fall in July. On a yearly basis, all industry activity advanced 0.9 percent, the same rate of expansion as logged in July.

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