Japan Sept industrial output rises 2.7% m-o-m

[TOKYO] Japan's industrial output rose 2.7 per cent in September, bouncing from the prior month's decline, government data showed on Wednesday, a result that could ease concerns about the outlook for the country's factory activity and broader economy.

The rise compared with economists' median estimate of a 2.2 per cent increase in a Reuters poll. It followed a 1.9 per cent drop in August, the data from the Ministry of Economy, Trade and Industry showed.

Manufacturers surveyed by the ministry expect output to fall 0.1 percent in October but increase 1.0 per cent in November, the data showed.

REUTERS