Colosseum a.s. (Colosseum a.s.)
Commodities  |  November 30, 2012 09:06:28

Industrial production in Japan by surprise as it grows

ColosseumIndustrial production in Japan surprised analysts when in October rose by 1.8 percent month on month. This is the largest increase since December last year. Analysts polled by Bloomberg expected a decline of 2 percent. Production of electronic components mom grew by 14.7 percent, which is the best result since 1998. Support was mainly manufacture parts for Apple, in which the Japanese electronics industry becomes more and more dependent. Consumer prices remain unchanged, while analysts expected a decline of 0.1 percent. The unemployment rate stuck at 4.2 percent. During the day while the Japanese government has approved a second fiscal stimulus package amounting to $ 10.7 billion. Its aim is to support the faltering economy. and # 160;

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