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Japan factory output rises 1.5% in September

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(Globalpost/GlobalPost)

Japanese factories boosted output in September, data showed Wednesday, reversing a slide the previous month and supplying more evidence the world's third-largest economy is gathering steam.

Industrial production rose 1.5 percent in September from the previous month after a 0.9 percent decline in August.

"Industrial production continues to show an upward movement," the Ministry of Economy, Trade and Industry said, referring to a general positive trend in factory output in recent months.

A producers' survey released with the figures showed manufacturers have mixed expectations, forecasting a 4.7 percent output rise this month before slipping 1.2 percent in November.

mis-pb/jw

http://www.globalpost.com/dispatch/news/afp/131029/japan-factory-output-rises-15-september