Industrial output in Japan was up a seasonally adjusted 1.0 percent on month in September, the Ministry of Economy, Trade and Industry said in Thursday’s preliminary reading.
That beat forecasts for a decline of 0.5 percent following the 1.2 percent contraction in August.
On a yearly basis, industrial production dipped 0.9 percent – also beating expectations for a decline of 2.6 percent following the 0.4 percent decline in the previous month.
Upon the release of the data, the METI maintained its assessment of industrial production, saying that it has been fluctuating indecisively.
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