CCTV.com - CNTV English - CCTV News


Homepage > News > Biz >

Japan's industrial output climbs 3.1% in Dec.

01-31-2011 15:56 BJT

TOKYO, Jan. 31 (Xinhua) -- Japan's industrial production increased a seasonally adjusted 3.1 percent in December from a month earlier, marking the second consecutive month of growth, the Ministry of Economy, Trade and Industry said in a preliminary report on Monday.

December's rise follows a 1.0 percent increase logged in November and beat the median market forecast of a 2.9 percent increase.

The index of output at factories and mines rose 15.9 percent from a year earlier in the month of December and industrial shipments increased 1.1 percent from the previous month. Meanwhile inventories were up 1.4 percent, the ministry said.

Analysts said that increased demand for Japanese goods, particularly from other Asian countries led by China, spurred factories to increase their output, supporting other government data suggesting Japan's export-led economic recovery is getting back on track.

The government report revealed that the transport equipment, electronic devices and steel sectors posted particularly strong growth figures, and the government raised its assessment of industrial production, saying output was showing signs of "picking up."

This assessment followed the previous month's view from the government stating that industrial production has "weakened."

Editor:Du Xiaodan |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program