Japan’s industrial output increases 1.0 pct in July


Japan’s industrial output rose 1.0 percent in July from a month earlier, marking the second straight month of increase, in part thanks to the improvement of relevant supply chains, the government said in a report on Wednesday.

According to the Ministry of Economy, Trade and Industry (METI), the seasonally adjusted index of production at factories and mines stood at 97.1 against the 2015 base of 100, in the recording period.

The ministry’s preliminary data for July came on the heels of an upwardly revised 9.2 percent increase logged in June. Industrial output “fluctuates indecisively,” the ministry said while giving its assessment, in line with the previous month’s view.—APP

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