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TOKYO, Aug 29 (Reuters) - Housing starts in Japan, hit hard by a regulatory change last year, rose 19.0 percent in July from a year earlier, above a median market forecast for a 14.0 percent rise, government data showed on Friday. JPHST=ECI
It was the first rise in 13 months in Japan’s housing starts, which plunged in the second half of last year due to tighter building rules launched in June 2007, dragging down overall economic growth.
Orders received by major construction companies rose 42.3 percent in July from a year earlier to 1.1553 trillion yen ($10.59 billion). JPCORD=ECI
To view the full tables, please go to the official Web site of the Ministry of Land, Infrastructure and Transport at:
here (Reporting by Tetsushi Kajimoto; Editing by Chris Gallagher)