TOKYO (MNI) – The value of construction orders received in May by
the 50 largest contractors in Japan rose 25.5% from a year earlier to
Y623.2 billion, a second straight year-on-year rise, the Ministry of
Land, Infrastructure, Transport and Tourism said on Thursday.
The May reading followed a rise of 31.4% in April, a fall of 11.0%
in March, a rise of 19.5% in February, a fall of 10.7% in January and a
rise of 13.1% in December.
The breakdown for the latest month follows (on-year changes in the
previous month in parentheses):
— Domestic private sector: +20.2% y/y at Y413.3 billion (vs.
+33.5% in April), a second straight y/y rise.
— Public sector: +51.6% y/y at Y106.8 billion (vs. +31.0% in
April), a second consecutive y/y rise.
— Overseas: +67.3% at Y71.2 billion (vs. +101.3% in April).
tokyo@marketnews.com
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[TOPICS: M$J$$$,M$A$$$,MAJDS$]
