Japan September factory output rises more than expected
FILE PHOTO: A worker walks near a factory at the Keihin industrial zone in Kawasaki, Japan February 28, 2017. REUTERS/Issei Kato/File Photo
TOKYO :Japan's factory output in September rose 1.4 per cent from the previous month, versus a median market forecast for a 1 per cent rise, government data showed on Thursday.
Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect seasonally adjusted output to jump 8.3 per cent in October and fall 3.7 per cent in November.
Separate data showed Japanese retail sales in September rose 0.5 per cent from a year earlier, well below the median market forecast for a 2.3 per cent rise.
Source: Reuters
