Friday 27 December 2013

Japanese inflation at 5-year high, factory output and retail sales rise

Japanese economic data on Friday were generally positive.

Consumer prices excluding fresh food rose 1.2 percent in November from a year earlier, the fastest rate of increase since October 2008.

Factory production rose 0.1 percent in November, and manufacturers surveyed by the government expect production to rise further in December and January.

Indeed, the manufacturing PMI from Nomura and JMMA rose to 55.2 in December, the highest since July 2006, from 55.1 in November.

Retail sales rose 4.0 percent in November from a year earlier even as household spending rose just 0.2 percent.

The unemployment rate for November was 4.0 percent, unchanged from the previous month.

1 comment:

Unknown said...

Its blog update the ratio of unemployment the respective month its a big ratio that reason people get interest in trading with the help of Singapore stock recommendations and move to make money via this.

Post a Comment