No56 [ECONOMY] Industry is riding high

The confidence of japan’s large industrial groups reached a ten year high in september, according to the Bank of japan’s quarterly “tanken” survey, which is a sign of accelerating economic recovery. It’s basic price index rose 22 points in september compared to a rise of 17 for the three previous months. It was the fourth quarterly period of growth in a row, and produced the good results recorded over the past few months.