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Japan September factory output rises more than expected

BY Reuters | ECONOMIC | 10/30/24 08:01 PM EDT

TOKYO, Oct 31 (Reuters) - Japan's factory output in September rose 1.4% from the previous month, versus a median market forecast for a 1% rise, government data showed on Thursday.

Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect seasonally adjusted output to jump 8.3% in October and fall 3.7% in November.

Separate data showed Japanese retail sales in September rose 0.5% from a year earlier, well below the median market forecast for a 2.3% rise. (Reporting by Satoshi Sugiyama Editing by Chang-Ran Kim and Christian Schmollinger)

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