Japanese factories boosted output in September
Japan's industrial production rose 1.5 per cent in September from the previous month after a 0.9 per cent decline in August.
November 1, 2013
News reports have noted that Japanese factories boosted output in September, data showed Wednesday, reversing a slide the previous month and supplying more evidence the world’s third-largest economy is gathering steam.
Industrial production rose 1.5 per cent in September from the previous month after a 0.9 per cent decline in August.
“Industrial production continues to show an upward movement,” the Ministry of Economy, Trade and Industry said, referring to a general positive trend in factory output in recent months.
A producers’ survey released with the figures showed manufacturers have mixed expectations, forecasting a 4.7 per cent output rise this month before slipping 1.2 per cent in November.