{"id":46314,"date":"2021-05-31T14:26:47","date_gmt":"2021-05-31T10:26:47","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=46314"},"modified":"2021-05-31T14:26:49","modified_gmt":"2021-05-31T10:26:49","slug":"japanese-factory-production-grows-in-april-thanks-to-capital-goods","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/japanese-factory-production-grows-in-april-thanks-to-capital-goods\/05\/31\/market-updates\/","title":{"rendered":"Japanese Factory Production Grows in April Thanks to Capital Goods"},"content":{"rendered":"\n<p>Japan&#8217;s industrial production continued to grow in April as manufacturers benefited from a recovery in appetite for capital goods, especially in key overseas markets.<\/p>\n\n\n\n<p>The world&#8217;s third-largest economy is expected to grow this quarter at a much slower pace than previously thought after the government extended anti-coronavirus measures in Tokyo and other key regions.<\/p>\n\n\n\n<p>Separate data released today showed that retail sales, a key measure of consumer spending, grew in April, thanks to the impact of the base year when the country was subject to stricter measures to combat the Coronavirus a year ago.<\/p>\n\n\n\n<p>Official data released today, Monday, showed factory production growth of 2.5% in April compared to the previous month, with the increase in the production of machinery and electrical appliances, which offset the contraction in the production of cars and transportation equipment.<\/p>\n\n\n\n<p>The production increase was better than last month&#8217;s 1.7% increase, but far below expectations in a Reuters poll of analysts, and was for 4.1% growth as a result of a larger decline in auto production due to semiconductor supply problems.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan&#8217;s industrial production continued to grow in April as manufacturers benefited from a recovery in appetite for capital goods, especially in key overseas markets. The world&#8217;s third-largest economy is expected to grow this quarter at a much slower pace than previously thought after the government extended anti-coronavirus measures in Tokyo and other key regions. Separate &hellip;<\/p>\n","protected":false},"author":9,"featured_media":40115,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[6939,6971],"class_list":["post-46314","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-japan","tag-nikkei"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/46314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=46314"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/46314\/revisions"}],"predecessor-version":[{"id":46315,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/46314\/revisions\/46315"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/40115"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=46314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=46314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=46314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}