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Japan January Inflation Seen Easing, Factory Output Up; Boj Sits Tight - Yahoo News

Core CPI, including the effects of the tax-hike, was forecast at an annual 2.3 percent in January, down from a 2.5 percent rise in December, according to the poll of 22 economists. FACTORY OUTPUT RISING The nation's factory output is seen jumping 2.7 percent in January from the previous month, the poll showed. In December, output http://colonztup.skyrock.com increased 0.8 percent on-month, after a 0.5 percent fall in November. "Broad range of industries are expected to show production expansion due to recovery in exports and capital spending," said an analyst at Shinkin Central Bank Research Institute in the survey. "We expect factory output will continue to stay on a recovery trend as a pickup in export is spreading." Analysts http://freddiekgqa.crowdvine.com are also keeping an eye on manufacturers' output forecasts for February and March, which will also be released at the same time. The poll found the jobless rate stood at 3.4 percent in January, unchanged from December and stayed at the lowest level since August 1997. The job availability ratio was probably steady at 1.15, staying at the highest level seen in http://abrahamxijn.bloghi.com March 1992.
Read more: http://news.yahoo.com/japan-january-inflation-seen-easing-factory-output-boj-072658843--business.html

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