Japan Aug industrial output unexpectedly falls 0.5% on month
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[TOKYO] Japan's industrial output unexpectedly fell 0.5 per cent in August, down for the second straight month, government data showed on Wednesday, underscoring concerns about tepid factory activity.
The month-on-month fall compared with economists' median forecast for a 1.0 per cent increase in a Reuters poll.
Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect output to rise 0.1 per cent in September and grow 4.4 per cent in October, data showed.
REUTERS
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