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Japan April housing starts -32.4 pct yr/yr-govt

Published 05/29/2009, 01:07 AM
Updated 05/29/2009, 01:32 AM

TOKYO, May 29 (Reuters) - Housing starts in Japan fell 32.4 percent in April from a year earlier, government data showed on Friday, more than a median market forecast for a 22.1 percent slide.

Housing starts declined for the fifth month in a row as consumers grew cautious about rapidly deteriorating job and income conditions.

Orders received by 50 major construction companies in April fell 25.9 percent from a year earlier to 562.8 billion yen ($5.84 billion), marking the sixth straight month of decline.

To view the full tables, please go to the official website of the Ministry of Land, Infrastructure and Transport at:

http://www.mlit.go.jp/toukeijouhou/chojou/stat-e.htm (Reporting by Stanley White)

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