
TOKYO (Sept 30): Japan's factory output unexpectedly fell in August from the previous month, government data showed on Wednesday.
Industrial output shrank 1.7% in August from the previous month, according to data released by the Ministry of Economy, compared to the median market forecast for a 1.7% rise in a Reuters poll. It decreased for a second straight month.
Manufacturers surveyed by the ministry expect seasonally adjusted output to increase 3.2% in September and grow 3.1% in October.
In August, motor vehicle production slumped 6.8% from the previous month as an earthquake and a typhoon disrupted operations, while general-purpose and business-oriented machinery output declined 6%.
The indicator will be among the factors the Bank of Japan will scrutinise as it decides whether to raise interest rates in the near future.
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