BREAKING NEWS

BREAKING NEWS

Japanese factory output up

Now Reading:

Japanese factory output up

Text size Aa Aa

Japan’s factories turned out more goods in July, it is the fifth month running that has happened.

The latest survey of purchasing managers showed industrial output grew as global stimulus spending boosted export demand but the pace of output is slowing. In addition retail sales fell during July and analysts said Japan’s new government has a difficult task as the effect of stimulus schemes will likely peter out next year.