The Economy

Japan's Industrial Output up 2.9%

June 27, 2008

Output is expected to decline in June.

Rising more than expected, Japan's industrial output increased2.9% in May from the previous month. It was the first increase in three months, the Ministry of Economy, Trade and Industry reported on June 27.

Output is expected to slip 0.9% in June before rising 2.2% in July, according to a survey of manufacturers, the government said.

Overall the trend in production remains "flat" but with "a few weakening factors," the report noted.

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