Industrial production declined 3.6 per cent from May led by automakers and production machinery makers, the Industry Ministry reported on July 31. That compared with the consensus estimate of a 4.5 per cent drop.
Output fell 7.3 per cent from a year ago, but gained 2.9 per cent in the three months through June from the previous period, suggesting it provided some support to the economy last quarter.
Separately, retail sales rose 0.6 per cent in June from May, while they gained 3.7 per cent from a year ago.
The production of cars and auto parts drove the reading lower as an ongoing scandal involving Japan’s large carmakers such as Toyota Motor continues to disrupt output.
この記事は The Straits Times の August 01, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は The Straits Times の August 01, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Seow steps down after II years, Chen to be fencing chief
When Juliana Seow was asked to run for the position of Fencing Singapore (FS) president in 2013, she never expected herself to stay in the role for over a decade.
'GRIT' EARNS U.S. SOLHEIM CUP WIN
Captain Lewis pays tribute to her tenacious side after they beat Europe for first time since 2017
Piastri's move in Azerbaijan GP shows he's the real deal
Before the Azerbaijan Grand Prix, most of the paddock talk over the race weekend had been all about team orders at McLaren.
Double delight for Rahm at LIV Chicago
Jon Rahm was nervous but few would have noticed as he captured two titles on Sept 15, winning the 2024 LIV Golf League individual championship with his victory at LIV Golf Chicago at Bolingbrook Golf Club.
TWO-PART PLAN TO LIFT S'PORE FOOTBALL
FAS making a push to help top locals play overseas; naturalisation efforts to continue
Hearing into City's 115 alleged breaches begins
It has been a long wait, but the independent hearing into Manchester City's alleged 115 breaches of English Premier League financial regulations finally started on Sept 16.
SLOT OUT TO SEAL CRACKS
Liverpool start tough Champions League campaign after first defeat in new era
Villa ready to rock the boat in Champions League
Forty-two years after being crowned shock European champions, Aston Villa return to the Champions League ready to upset the established order again.
Mbappe bolsters Real's aim for more European glory
The format may be new, but few would bet against the winners staying the same.
What we learn from para-athletes has to go beyond inspiration
Sporting Life Assistant Sports Editor Eric Ting would rather not take the bus.