Japan June fac­tory out­put climbs 1.6pc

New Straits Times - - Business / World -

Japan’s fac­tory out­put for June ticked up on car­mak­ers, chem­i­cal firms and oth­ers, in the lat­est sign that the econ­omy was gath­er­ing steam. In­dus­trial pro­duc­tion in June grew 1.6 per cent month-on-month, re­bound­ing from a drop of a re­vised 3.6 per cent in May, said the Min­istry of Econ­omy, Trade and In­dus­try. Pro­duc­tion rose at car­mak­ers, steel­mak­ers and chem­i­cals firms while out­put of cell­phones, pe­tro­leum prod­ucts and de­vices to make flat-panel dis­plays and mi­crochips fell.

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