Japan’s household spending fell in May but industrial production surged on Asian demand
Jun 27th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Japan's household spending fell in May, job vacancies dropped to a three-year low; the inflation rate almost doubled and the government downgraded its assessment of industrial production despite a report issued today, which showed output rose 2.9 per cent in May from April, the first increase in three months.