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Japan November factory output rises 7.2% month/month -Breaking


© Reuters. FILE PHOTO A worker is seen walking near the factory in Kawasaki’s Keihin industrial area, Japan. February 28, 2017. REUTERS/Issei Kato

TOKYO, Reuters – Japan’s manufacturing output soared by 7.2% in November according to government data. This is higher than the median forecast of 4.8% from market participants.

The Ministry of Economy, Trade and Industry surveyed manufacturers and found that they expect their output to rise by 1.6% and 5.0% respectively in December, according to the data.

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