blog： Japan’s economic data show signs of recovery
Japan’s industrial output rose at the fastest rate for almost 60 years in April, but the overall economic picture was more mixed, with the jobless rate for the month the worst in five years, government reports said.
Earlier in the week, the Japanese government upgraded its overall monthly assessment of its economy, saying that the pace of slowdown had become moderate with improvements in industrial production and exports.
But the government also warned that deteriorating labour conditions could deal a blow to recovery hopes.
The nation’s April industrial output rose 5.2 percent from the previous month, the best showing in over five decades, the report released Friday said.
The data showed signs of recovery in domestic and overseas demand for manufactured goods such as cars and semiconductors, the government’s preliminary report showed.
With the April figures, the Ministry of Economy, Trade and Industry upgraded its assessment of industrial production for the first time in 20 months.
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