Japan August factory output falls 3.3% month-on-month

Japan August factory output falls 3.3% month-on-month


TOKYO :Japan’s factory output fell 3.3 per cent in August from the previous month, versus a median market forecast for a 0.9 per cent drop, government data showed on Monday.

Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect seasonally adjusted output to increase 2.0 per cent in September and expand 6.1 per cent in October.

Separate data showed Japanese retail sales rose 2.8 per cent in August from a year earlier, above the median market forecast for a 2.3 per cent rise.



Source link

More From Author

Best early PC computer deals for October Prime Day 2024: Gaming PCs & mainstream desktops

Best early PC computer deals for October Prime Day 2024: Gaming PCs & mainstream desktops

Australia news LIVE: Labor to deliver consecutive budget surpluses; Hezbollah protesters in Australia may face police, visa scrutiny

Australia news LIVE: Labor to deliver consecutive budget surpluses; Hezbollah protesters in Australia may face police, visa scrutiny

Leave a Reply

Your email address will not be published. Required fields are marked *