Tuesday, December 21, 2010

Trends in Japan June boom continues to rebound index

Japan Cabinet Office 6, announced economic trends index speed report shows that in June this year, Japan shows the current status of economic prosperity index 87.8, increased over the previous month, 0.7 increased for the third consecutive month. This is the index of two and a half years for the first time three consecutive months.

Data show that in the published form the boom consistent nine index of economic indicators, the workers of the mining industry production index, large users of electricity, commercial wholesale sales rose 6 indicators such as, commercial retail value, effectively asking rate (total number of job seekers, recruitment in total) and small and medium-sized manufacturing enterprises sales declined 3 indicators.

In addition, the forecast for the coming months the economic situation of the first index for the month of June is 79.8, increased over the previous month, 2.9 fourth consecutive month increase, rising to January 1980 have comparable data, the highest since; reflect recent economic situation later row index 83.3, over the previous month decreased 0.8.

Cabinet Office considers that, in exports and progress in inventory adjustment, production and shipment began to increase, displayed boom has stopped falling.

Starting from fiscal 2008, Japan changed on boom movements index of statistical methods. New method for 2005 is 100, the economic boom that sensitive data and compared to a month before the draw of the month index.

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