TOKYO, Oct 29 (AFP): Japan's September factory production posted its biggest rise in eight months, official data showed Wednesday, but the news failed to dispel doubts about the strength of the wider economy following a recent string of weak figures.
Industrial production rose 2.7 per cent on-month, reversing a drop of 1.9 per cent in August, the Ministry of Economy, Trade and Industry said.
That reading beat the median market forecast of a 2.2 per cent rise and is the highest rise since a 3.9 per cent expansion in January.
However, the quarterly data were less rosy with output from Japan's factories shrinking 1.9 per cent in July-September from the previous quarter, as makers of cars and home appliances tried to bring down their inventories after an April sales tax rise hit consumer spending.
Japan factory output posts surprise jump but recovery unclear
FE Team | Published: October 30, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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