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Japan July industrial output rises 8.0% month-on-month

Japan’s industrial output rose 8.0% in July from the previous month, posting a second straight month of gains in a tentative sign of a pick-up in factory activity from the coronavirus-induced slump, government data showed on Monday. That compared with a median market forecast for a 5.8% increase in a Reuters poll, the data showed. Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect output to rise 4.0% in August and increase 1.9% in September, the data showed. For the full tables on METI’s website: here

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