Japan's Factory Output Expected to Rebound in September Driven by Auto Production

Reported about 1 month ago

Japan's industrial output is forecasted to have rebounded in September, primarily due to a recovery in auto production, following a significant drop in August caused by typhoons and slowed U.S. sales. A Reuters poll of analysts indicates a predicted increase of 1.0% in output for September, although solid growth remains uncertain due to weak global demand. Meanwhile, steady retail sales and job statistics are expected, alongside a likely stable short-term interest rate by the Bank of Japan amidst a key political transition.

Source: YAHOO

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