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Japan's factory output surges, offering hope of lasting growth

Industrial output for April rises 4 per cent from March from step-up in production of cars and electronics

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Japan grew at an annualised real rate of 2.2 per cent in the first quarter of this year, expanding for a fifth consecutive quarter and marking the longest period of sustained growth in 11 years.

Tokyo

JAPAN'S industrial output surged by 4 per cent in April from its March level, marking the strongest monthly gain in nearly six years.

The increase came from manufacturers' stepping up production of cars and components as well as of some electronic equipment, it was announced

sentifi.com

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