Japan September industrial output — recap

Recaps of the data earlier from JapanVia Reuters:

  • Japan’s industrial output fell less than expected in September
  • Companies expect output to rise in October
  • Keeping the economy on an expansion path
  • Labour demand remained at the strongest level in 43 years
  • Household spending unexpectedly fell in September, raising some concern about the lack of impact a tight jobs market had on consumer spending
  • The Bank of Japan is expected to signal at a policy meeting ending on Tuesday (Oct 31) that it
  • «Industrial output fell due to temporary weakness in China’s economy, but global demand remains solid, so output will rise in the future,» said Daiju Aoki, regional chief investment officer for Japan at UBS Securities.»Consumer spending looks a little weak. It’s important for the BOJ to see a recovery in consumption. Unless this happens, the BOJ could lower its growth forecasts in the future.»
  • Industrial output fell 1.1 per cent in September because of a fall in output of memory chips, equipment to make flat panel displays, and heavy machinery used in construction, trade ministry data showed on Tuesday.The fall was the largest in four months

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