Free Trial

MNI: Japanese Govt Keeps Econ View, Ups Imports, Manufacturing

(MNI) Tokyo
(MNI) TOKYO

Japan’s government maintained its economic assessment in May for a fourth straight month, saying recovery continues at a moderate pace, but upgraded its assessment on imports and industrial production for the first time since April 2023 and May 2023 respectively, the Cabinet Office said on Monday.

Imports are largely flat and industrial production “shows signs of picking up,” though manufacturing declined due to suspensions of production and shipments by some automobile manufacturers.

Keep reading...Show less
200 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Japan’s government maintained its economic assessment in May for a fourth straight month, saying recovery continues at a moderate pace, but upgraded its assessment on imports and industrial production for the first time since April 2023 and May 2023 respectively, the Cabinet Office said on Monday.

Imports are largely flat and industrial production “shows signs of picking up,” though manufacturing declined due to suspensions of production and shipments by some automobile manufacturers.

Keep reading...Show less