Japan June factory output falls 3.6% m/m

FILE PHOTO: A worker cycles near a factory at the Keihin industrial zone in Kawasaki, Japan February 28, 2017. REUTERS/Issei Kato/File Photo
TOKYO : Japan's factory output fell 3.6 per cent in June from the previous month, versus a median market forecast for a 4.8 per cent drop, government data showed on Wednesday.
Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect seasonally adjusted output to increase by 6.5 per cent in July and expand by 0.7 per cent in August.