Japan Industrial Output Jumps 1.9% In June

Industrial production in Japan was up 1.9 percent on month in June, the Ministry of Economy, Trade and Industry said on Friday.
That beat forecasts for a gain of 0.5 percent following the 2.6 percent decline in May.
On a yearly basis, output slipped 1.9 percent - also exceeding forecasts for -2.9 percent after easing 0.4 percent in the previous month.
Upon the release of the data, the METI upgraded its assessment of industrial production, saying that it continues to fluctuate indecisively but shows signs of increasing in parts.

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