Japan’s industrial output rose for a third month in May – an impressive 5.9% gain
Alan Hershey
Jun. 28, 2009

Japan’s industrial output rose for a third month in May as companies rebuilt inventories. The industrial output increased 5.9 percent from a month earlier, the Trade Ministry said today in Tokyo, matching a gain in April that was the fastest since 1953.

The market was expecting higher output. The Nikkei is falling today morning. While the rise in output is hopeful sign, according to leading economists observing Japanese markets, Japanese economy is yet to see a pickup in final demand, which is crucial for it to sustain a recovery.

Japan’s industrial output rose for a third month in May – an impressive 5.9% gain
Alan Hershey
While the rise in output is hopeful sign, according to leading economists observing Japanese markets, Japanese economy is yet to see a pickup in final demand, which is crucial for it to sustain a recovery.
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