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Japan August industrial output rises 2.1 percent month-on-month
September 29, 2017 / 12:09 AM / in 20 days

Japan August industrial output rises 2.1 percent month-on-month

FILE PHOTO: A worker walks among steel rods at a steel collection facility in Tokyo, Japan, October 30, 2015. REUTERS/Toru Hanai/File Photo

TOKYO (Reuters) - Japan’s industrial output rose 2.1 percent in August from the previous month, preliminary government data showed on Friday.

The reading compared with the median estimate of a 1.9 percent increase in a Reuters poll of economists, and followed a 0.8 percent decline in July.

Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect output to fall 1.9 percent in September and rise 3.5 percent in October.

Reporting by Stanley White; Editing by Chris Gallagher

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