Monday, 21 June 2010

Japan: All Industry Activity Index grows 1.8% in April slightly below expectations

FXstreet.com (Córdoba) - The All Industry Activity Index grew 1.8% in April against a 0.8% decrease the previous month, but the increase did not meet expectations around a 2.0% rise. This is the highest climb in the last 3 months.

The All Industry Activity Index released by the Ministry of Economy, Trade and Industry captures the monthly change in overall production by all industries of the Japanese economy. The index indicates the Japanese GDP and the overall growth figures, providing insight into current levels of Japanese economic expansion. Normally, a high reading is seen as positive (or bullish) for the JPY, while a low reading is seen as negative (or bearish).

All Industry Activity Index (MoM)

1.8%
Actual
2.0%
Consensus

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