Japan’s housing starts and construction orders

By @ibtimes on

The Japanese economy issued the ratios of the twelve-monthly housing-starts index for October, where it rose to -5.8%, compared with the prior reading of -10.8%,also it beat expectations of -6.3%.

Also, the figures for the annualized housing starts were released as well, where it widened to 0.774 million, compared with the prior figures of 0.745 million, also it exceeded expectations of 0.770 million.

Finally, the data for the construction orders were released where it massively increased to 24.3%, measured up to the prior reading of -9.3%.

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