Japan All Industry Activity Rises More Than Expected October

Japan's all industry activity increased at a faster-than-expected pace in October, after falling in the previous month, figures from the Ministry of Economy, Trade and Industry showed Monday. The all industry activity index rose 1.0 percent month-over-month in October, reversing a 0.2 percent drop in September. Economists had expected a 0.9 percent climb for the month. In August, the measure showed no variations. The index measuring industrial production gained 1.4 percent monthly in October. Similarly, the index measuring both construction and tertiary activity index grew by 0.9 percent during the month. On a yearly basis, the all industry activity index climbed 0.9 percent in October, faster than the 0.6 percent spike in the preceding month. It was the fifth consecutive monthly rise.

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