Fri, 28 Jun 2013 07:52:10 GMT
Japanese economy strengthens in May
Japanese recovery strengthened in May as macroeconomic data turned out to be positive. Factory output rose 2% from a month earlier, being driven mostly by power companies' demand. Inflation excluding fresh food stayed the same, while consumer prices excluding energy and fresh food dropped 0.4% compared with inflation year earlier. Retail sales increased 1.5% from April.