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Japan's Production Rises on Boost From Cars as BOJ Meets.
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- Author(s): Nohara, Yoshiaki (AUTHOR)
- Source:
Bloomberg.com. 10/30/2024, pN.PAG-N.PAG. 1p.
- Subject Terms:
- Additional Information
- Subject Terms:
- Abstract:
Japan's factory output increased by 1.4% in September, driven by the automotive and chemical industries, surpassing expectations. However, output fell by 2.8% compared to the previous year and decreased by 0.4% in the third quarter. Prime Minister Shigeru Ishiba plans to implement a larger economic stimulus package to address inflation and promote growth. Despite the positive outlook for factory output in October, uncertainties in overseas markets, such as potential tariffs from the US and China's economic stimulus efforts, may impact Japan's production in the future. [Extracted from the article]
- Abstract:
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