Japan’s industrial output edges up in September


Japan’s industrial production climbed 1 per cent in September from the previous month for the first rise in three months, the government said Thursday, as Prime Minister Shinzo Abe struggles to achieve any sustained growth in the world’s third-largest economy.

The figure followed a 1.2-per-cent fall in August.

“Industrial production is fluctuating indecisively,” the Ministry of Economy, Trade and Industry said in a statement.

The index of production at factories and mines stood at 97.3 against a 2010 baseline of 100, the ministry said.

Chemicals, electrical machinery, and electronic parts and devices industries contributed to the bulk of the increase in September, the ministry said.

Manufacturers surveyed by the ministry expect industrial production to rise 4.1 per cent in October and to fall 0.3 per cent in November.

The index of industrial shipments climbed 1.3 per cent in September from the previous month to 96.7, and that of industrial inventories edged down 0.4 per cent to 113.5, the ministry said.