Japan August factory output falls 1.7% month-on-month
SPY•Japan’s factory output fell 1.7% in August from July, compared with a market forecast for a 1.7% rise. Manufacturers expect output to increase 3.2% in September and 3.1% in October.
1. Output falls in August
Japan’s factory output fell 1.7% in August from the previous month, against the median market forecast for a 1.7% rise, government data showed. Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect output to rise 3.2% in September and 3.1% in October.
