Japanese Industrial Production Gives Optimism For The Economic Recovery In Japan - Investment - Currency Trading
The Japanese economy has witnessed some improvements after the March quake, where the industrial sector increased less than market expectations in April, adding the Japanese companies began their production process, signaling that the economic recovery will start its upside movement in the second half of 2011.
The Japanese economy issued its Industrial Production preliminary reading (MoM), where the index retreated 1.0% during April, compared with the pervious drop 15.5% in March, while analyst's forecasts referred to 2.0%.
Moreover, Japan's Industrial Production preliminary reading (YoY) for the year ended March, which slid to -14.0%, compared with a prior -13.1% last year, while the expectations estimated of -12.4%.
Japanese industrial sector rebounds in April to give optimism about the current position in the nation, means that the companies had reopened their plants, but the nation's three largest carmakers (Toyota, Honda and Nissan) announced that their sales retreated in April as the disruption affected by the negative earthquake results.
As for the current position in Japan, it needs time to revive again before the end of 2011, where the sustained recovery in manufacturing may take time as companies are facing a shortfall of engine spares, caused to halt the production cycle.
Japan's government is planning to introduce more budgets for reconstruction process after parliament in Japan has approved to pump 4 trillion yen ($50 billion) package this month. Further, the government in March estimated that damage from the disaster will swell to as high as 25 trillion yen.
On the other hand, the Japanese economy has followed expectations when it recorded another contraction in a decade. However, Japan shrank more than anticipations during the first three months of the year, affected by the March quake, which has massive results on the industrial sector in Japan.
Japan contracted 0.9% in the 1st quarter, the second consecutive quarter after the devastating earthquake and tsunami which contributed to suspend the production process in many Japanese multi-national companies, and prompted consumers to cut their spending along with the retreats in consumers' confidence.
At the meantime, Japan's jobless rate increased to 4.7% during the month of April, while the actual reading came inline with the analysts' forecasts, where the prior reading showed an incline by 4.6% in March.
Moreover, household spending in Japanese dropped by 3.0% during the year ended April, from a previous drop by 8.5% a year earlier, while the anticipations estimated of -2.7%. The Japanese economy has witnessed some improvements after the March quake, where the industrial sector increased less than market expectations in April, adding the Japanese companies began their production process, signaling that the economic recovery will start its upside movement in the second half of 2011.
The Japanese economy issued its Industrial Production preliminary reading (MoM), where the index retreated 1.0% during April, compared with the pervious drop 15.5% in March, while analyst's forecasts referred to 2.0%.
Moreover, Japan's Industrial Production preliminary reading (YoY) for the year ended March, which slid to -14.0%, compared with a prior -13.1% last year, while the expectations estimated of -12.4%.
Japanese industrial sector rebounds in April to give optimism about the current position in the nation, means that the companies had reopened their plants, but the nation's three largest carmakers (Toyota, Honda and Nissan) announced that their sales retreated in April as the disruption affected by the negative earthquake results.
As for the current position in Japan, it needs time to revive again before the end of 2011, where the sustained recovery in manufacturing may take time as companies are facing a shortfall of engine spares, caused to halt the production cycle.
Japan's government is planning to introduce more budgets for reconstruction process after parliament in Japan has approved to pump 4 trillion yen ($50 billion) package this month. Further, the government in March estimated that damage from the disaster will swell to as high as 25 trillion yen.
On the other hand, the Japanese economy has followed expectations when it recorded another contraction in a decade. However, Japan shrank more than anticipations during the first three months of the year, affected by the March quake, which has massive results on the industrial sector in Japan.
Japan contracted 0.9% in the 1st quarter, the second consecutive quarter after the devastating earthquake and tsunami which contributed to suspend the production process in many Japanese multi-national companies, and prompted consumers to cut their spending along with the retreats in consumers' confidence.
At the meantime, Japan's jobless rate increased to 4.7% during the month of April, while the actual reading came inline with the analysts' forecasts, where the prior reading showed an incline by 4.6% in March.
Moreover, household spending in Japanese dropped by 3.0% during the year ended April, from a previous drop by 8.5% a year earlier, while the anticipations estimated of -2.7%. The Japanese economy has witnessed some improvements after the March quake, where the industrial sector increased less than market expectations in April, adding the Japanese companies began their production process, signaling that the economic recovery will start its upside movement in the second half of 2011.
The Japanese economy issued its Industrial Production preliminary reading (MoM), where the index retreated 1.0% during April, compared with the pervious drop 15.5% in March, while analyst's forecasts referred to 2.0%.
Moreover, Japan's Industrial Production preliminary reading (YoY) for the year ended March, which slid to -14.0%, compared with a prior -13.1% last year, while the expectations estimated of -12.4%.
Japanese industrial sector rebounds in April to give optimism about the current position in the nation, means that the companies had reopened their plants, but the nation's three largest carmakers (Toyota, Honda and Nissan) announced that their sales retreated in April as the disruption affected by the negative earthquake results.
As for the current position in Japan, it needs time to revive again before the end of 2011, where the sustained recovery in manufacturing may take time as companies are facing a shortfall of engine spares, caused to halt the production cycle.
Japan's government is planning to introduce more budgets for reconstruction process after parliament in Japan has approved to pump 4 trillion yen ($50 billion) package this month. Further, the government in March estimated that damage from the disaster will swell to as high as 25 trillion yen.
On the other hand, the Japanese economy has followed expectations when it recorded another contraction in a decade. However, Japan shrank more than anticipations during the first three months of the year, affected by the March quake, which has massive results on the industrial sector in Japan.
Japan contracted 0.9% in the 1st quarter, the second consecutive quarter after the devastating earthquake and tsunami which contributed to suspend the production process in many Japanese multi-national companies, and prompted consumers to cut their spending along with the retreats in consumers' confidence.
At the meantime, Japan's jobless rate increased to 4.7% during the month of April, while the actual reading came inline with the analysts' forecasts, where the prior reading showed an incline by 4.6% in March.
Moreover, household spending in Japanese dropped by 3.0% during the year ended April, from a previous drop by 8.5% a year earlier, while the anticipations estimated of -2.7%.
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