Japanese Economic Activity Edges Up

25 September 2002

The Japanese economy bounced back from a 0.1% monthly dip in June with a 0.2% rise in July, according to new figures from the Ministry of Economy, Trade and Industry.

Significantly, on a year-on-year basis, total economic activity rose 0.9% – the first annual increase for 14 months.

The 0.2% month-on-month climb reflects a 0.7% increase in the service sector, a 0.1% rise in industrial production, a 3% jump in real-estate activity and a 2.3% rise in utilities.

Data sourced from: The Wall Street Journal Online; additional content by WARC staff