Japan Manufacturer Rates Increase 1.1% On Year In February

By | March 26, 2019

Producer rates in Japan were up 1.1 percent on year in February, the Bank of Japan said on Tuesday – shy of expectations for a gain of 1.2 percent following the downwardly revised 1.0 percent boost in January (originally 1.1 percent).

On a month-to-month basis, manufacturer rates were up 0.3 percent after sinking 0.6 percent in the previous month.

Individually, rates were up for freight and airline company transportation and postal activities.

Rates were down for marketing, hotels, employment service, renting and rental and interactions services.

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