ECONOMICS COMMENTARY
Apr 30, 2013
Solid rises in output and new orders support continued expansion of Japanese manufacturing economy
A modest improvement of Japanese manufacturing operating conditions was signalled during April. Led by a strong performance from investment goods producers, solid net rises in output and new orders were recorded. Yen depreciation also supported a gain in new export sales, but also raised the cost of imported goods which in part led to the sharpest rise of input costs for 19 months.
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