Housing starts in Japan

on January 29 2010 5:24 AM

Housing starts in Japan fell 15.7% in December from a year earlier after it declined 19.1% in the previous month, and forecasts referred to -18.8%. Annualized housing starts came in at 0.819 million unit from 0.798 million unit, and forecasts referred to 0.812 million unit. However, construction orders rose 0.6% following a drop by 11.6%.

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