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Japan June factory output falls 3.6% m/m

By Thomson Reuters Jul 30, 2024 | 6:55 PM

TOKYO (Reuters) – Japan’s factory output fell 3.6% in June from the previous month, versus a median market forecast for a 4.8% drop, government data showed on Wednesday.

Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect seasonally adjusted output to increase by 6.5% in July and expand by 0.7% in August.

(Reporting by Satoshi Sugiyama; Editing by Tom Hogue)