Bank of Japan Maintains Monetary Stimulus, U.K. Industrial Output Growth Exceeds Expectations

Great days friends, Japan Feb Current Account Surplus JPY612.7 Bln, Japan posted a current account surplus of 612.7 billion yen in February, the Ministry of Finance said on Tuesday - turning positive after four straight months of deficit

From Tokyo latest economic issue, Bank of Japan Maintains Monetary Stimulus, Upbeat Economic View, The Bank of Japan kept its current monetary stimulus unchanged on Tuesday as it projects upbeat economic outlook even though the first sales tax hike since 1997 is set to oscillate consumer spending. The Policy Board, governed by Haruhiko Kuroda, unanimously decided to continue to expand the monetary base at an annual pace of about JPY 60-JPY 70 trillion

Meanwhile from Britain we reporting, U.K. Industrial Output Growth Exceeds Expectations, U.K. industrial production grew more-than-expected in February on robust manufacturing output, reassuring that industry is set to make another positive contribution to economic growth in the first quarter. Industrial production grew 0.9 percent in February from a month ago, when it remained flat, the Office for National Statistics said Tuesday

Source: rtt news