Take our user survey and make your voice heard.
business

Japan factory output grows for fifth month; retail sales surge

8 Comments
By Daniel Leussink

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© Thomson Reuters 2020.

©2024 GPlusMedia Inc.

8 Comments
Login to comment

^^^ Why would anyone trust an independent organisation? It can easily invaded by outsiders and data be manipulated, don't be dumb.

2 ( +2 / -0 )

Manufacturers surveyed by the Ministry of Economy, Trade and Industry (METI) expected output to grow another 2.7% in November and decline 2.4% in December.

How I wish all these data are released by an organ independent of the government, i am suffering

from Trust Phobia due a lot of incidents in the past concerning bureaucrats and politicians.

1 ( +3 / -2 )

Totally and completely taken out of context, the October 2020 numbers. 

October 2019 saw a very strong drop in retail because of the hike of consumption tax as from October 1st and people buying and stocking up in September 2019. Great reporting, not too mention that " detail ".

Retail sales up ?  Is that why the restaurants are closing or going bankrupt ? That why car sales are down ? Hotels are running at 30 to 50 % occupancy. 

Who is helped, I wonder, by constantly avoiding facts and digging the heads ever deeper in the sand. Even ostriches run out of neck to dig in, at some time.

I am a marketing expert, I walk the streets as part of that, see what, if anything, people are buying. And they are not buying.  Except food in the supermarkets.

I would like to see the actual real estate situation if not kept up artificially by the Mitsui, Sumitomo, Mori and the others.  Why do you think Mitsui is buying out the Dome property ? If they don't, it would have a devastating domino effect on the market. 

We are in trouble, and the sooner, we admit that to ourselves, the sooner, can we TRY to address the problem.  I don't hold my hopes up, but I am willing to help work at it, as soon as society is willing to see reality and not stick its head under the pillows, like a scared child, when the boogie man is coming.

1 ( +1 / -0 )

Those are the usual number magic tricks for the average public. For example first 30% down and then 40% up. But that’s still quite a minus , of course nobody dares to write about...lol

0 ( +1 / -1 )

Yet again more positive data that undermines the narrative of the doomsday crowd. Japan is relatively well poised to emerge from the Covid recession.

The fact that J- govt continually has to roll out stimulus packages year after year just highlights how incompetent they are at managing things.

All the countries are rolling out stimulus, in case you haven't noticed. If it highlights any kind of "Incompetence," then that would be the private sector, whose prime business model over the last few years has been wage suppression. If wages rose in tandem with corporate profits, the stimulus wouldn't be needed.

0 ( +0 / -0 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites