Subscribe free to our newsletters via your
. GPS News .




POLITICAL ECONOMY
Japan April factory output revised down to -0.2%
by Staff Writers
Tokyo (AFP) June 14, 2012


Japan on Thursday revised down its factory output data for April, showing a slight contraction that underscored the nation's anaemic factory activity.

Industrial production slipped by 0.2 percent rather than growing by 0.2 percent on-month due to lower-than-expected output of electronic parts, cosmetics and some beverages including iced and canned coffee, the economy, trade and industry ministry said.

Shipments rose 0.6 percent during the period, down from the preliminary reading of a 0.9-percent rise, it added.

Some economists have forecast Japan's moribund economy will rebound in 2012, boosted by reconstruction-related activity and recovering consumer demand after last year's quake-tsunami disaster.

But the sustained appreciation of the yen and financial turmoil in Europe have weighed on the world's third-largest economy.

A manufacturers' survey released last month showed that, while factory managers expected a 3.2-percent dip in output in May, it would be followed by a 2.4-percent production rise in June.

.


Related Links
The Economy






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








POLITICAL ECONOMY
Don't overestimate Germany as euro crisis fighter: Merkel
Berlin (AFP) June 14, 2012
German Chancellor Angela Merkel said on Thursday that the eurozone crisis would dominate next week's G20 summit but warned leaders clamouring for her to take charge that she needed their help. In a speech to German lawmakers ahead of the meeting of world leaders in Los Cabos, Mexico on June 18-19, Merkel said Europe could not take the easy way out with quick fixes smacking of "mediocrity" th ... read more


POLITICAL ECONOMY
A New Way of Looking at Photosystem II

China firm recalls baby formula tainted with mercury

Maize diversity discoveries may help ease world's hunger pangs

EU, China agree on ag sustainability

POLITICAL ECONOMY
UCSB scientists synthesize first genetically evolved semiconductor material

SFU helps quantum computers move closer

Rice, UCLA slash energy needs for next-generation memory

Unique approach to materials allows temperature-stable circuits

POLITICAL ECONOMY
Boeing, US Navy Conduct FA-18EF Satellite Communications Test

Potential Iceland eruption could pump acid into European airspace

Air industry head asks EU to postpone carbon tax

Iraqi Airways looks to update fleet

POLITICAL ECONOMY
British car output soars 42% in May

Composites could lead to greener cars

Asian investors buy Saab to make electric cars for China

US battery maker claims electric car breakthrough

POLITICAL ECONOMY
BASF sees China sales more than double by 2020

Asylum seekers target Australia's Cocos

PC maker Dell to pay dividends

Germany, most appealing European market for China: study

POLITICAL ECONOMY
Indigenous peoples light up rival Rio gathering

Cocoa: Sweet remedy for Amazon deforestation?

WWF slams Bulgaria's controversial forest act changes

Forests could be global warming factor

POLITICAL ECONOMY
Indra Incorporates Rapideye Satellite Capacity Into Its Earth Observation Service

Satellite Sees Smoke from Siberian Fires Reach the U.S. Coast

NASA's Ocean Salinity Pathfinder Celebrates its First Year in Orbit

Delving inside Earth from space

POLITICAL ECONOMY
Self-assembling nanocubes for next generation antennas and lenses

Researchers watch tiny living machines self-assemble

'Nanocable' could be big boon for energy storage

Researchers love triangles




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement