Comprehensive up-to-date news coverage

HomeNewsJapanese factory output likely fell again in July

Japanese factory output likely fell again in July

Published on

Follow us on Google News for latest updates and information.

News Tech: TOKYO, Aug 26 (Reuters) – Japanese factories likely cut back output in July after the prior month’s near double-digit surge, a Reuters poll showed on Friday, as manufacturers struggled to shake off the drag from supply disruptions and a high-tech chip shortage.

Output had surged 9.2% in June after China eased COVID-19 curbs and the major Chinese city of Shanghai came out of a pandemic lockdown at the beginning of that month.

Industrial production in the world’s third-largest economy likely slipped 0.5% in July from the previous month, according to the median forecast of 18 economists in the poll.

Japan’s economy rebounded at a slower-than-expected pace in the second quarter from a COVID-induced slump, data showed this month, while growing fears of a global slowdown are clouding the outlook for the trade-reliant nation.

METI will release the factory output and retail sales data at 8:50 a.m. on Aug. 31 (2350 GMT Aug. 30).

Job availability and the jobless rate were expected to hold steady from the previous month in July, coming in at 1.27 and 2.6%, respectively. The government will release jobs data at 8:30 a.m. on Aug. 30 (2330 GMT Aug. 29)

RegisterReporting by Daniel Leussink; Editing by Jacqueline Wong Source: Reuters Trust Principles.

Learning Tips!

Loading RSS Feed

Latest articles

Girl gang-raped twice in Chhattisgarh, four arrested

News Tech: A 15-year-old girl was allegedly gangraped twice in two different districts...

JK Police conducts searches in South Kashmir in case of terror

News Tech: The Jammu and Kashmir Police on Friday conducted searches at multiple...

Kanye West’s Crush On Kylie Jenner’s BFF Stassi is a ‘low blow’ to the Kardashians (Exclusive)

News Tech: Kanye is ‘trying to be hurtful’ by announcing a crush on...

Ben Affleck and Jennifer Garner seen breaking up after visiting school

News Tech: Former couple Ben Affleck and Jennifer Garner started their day together...

More like this

Girl gang-raped twice in Chhattisgarh, four arrested

News Tech: A 15-year-old girl was allegedly gangraped twice in two different districts...

JK Police conducts searches in South Kashmir in case of terror

News Tech: The Jammu and Kashmir Police on Friday conducted searches at multiple...

Kanye West’s Crush On Kylie Jenner’s BFF Stassi is a ‘low blow’ to the Kardashians (Exclusive)

News Tech: Kanye is ‘trying to be hurtful’ by announcing a crush on...

Ben Affleck and Jennifer Garner seen breaking up after visiting school

News Tech: Former couple Ben Affleck and Jennifer Garner started their day together...

Gold worth Rs 17.77 crore seized at Amritsar airport

News Tech: The customs department here on Friday said it has seized 336...

U’khand: Vigilance asked to register cases against SI exam paper leak culprits

News Tech: Representative Image : The...

Kaitlyn Dever Premieres New Hulu Movie ‘Rosaline’ With Isabela Merced & More – See Red Carpet Photos!

News Tech: The new movie Rosaline, a twist on the classic Romeo and...

The Z-Morh Tunnel in JK will be open for traffic by November 15: Official

News Tech: Representative image : Twitter...

India has shown the world environmental protection and co-development: PM Modi

News Tech: India has shown to the world that it is possible to...

Tresu Investment Holding A/S – adjustment to the full-year outlook

News Tech: TRESU INVESTMENT HOLDING A/S               ...

Reaction to the Nobel Peace Prize for human rights defenders

News Tech: Officials in Europe praised the awarding of this year’s Nobel Peace...

Small Cap Growth Virtual Investor Conference: Presentations Now Available for On-Demand Viewing

News Tech: NEW YORK, Oct. 07, 2022 (News) — Virtual Investor...

Vande Bharat Express hits a cow; the second such incident in two days

News Tech: The Gandhinagar-Mumbai Vande Bharat Express hit a cow near Anand station...

BJP leaders are praising the leadership of PM Modi who has completed 21 years as the Prime Minister

News Tech: With Prime Minister Narendra Modi on Friday completing 21 years as...

Sylvester Stallone and Jennifer Flavin Link Arms at a Romantic Dinner After Reconciliation: Photos

News Tech: Sly Stallone and Jennifer Flavin dined at The Polo Bar in...

Indian delegation to visit Singapore to strengthen ties

News Tech: Industry body ANZ India Business Chamber led a delegation to Singapore...

Iran striker Azmoun is a doubt for the World Cup with a calf injury

News Tech: Iran forward Sardar Azmoun is a doubt for the World Cup...

A 22-year-old man drowns during Durga Puja idol immersion in Bhadrak

News Tech: The body of a 22-year-old man, who went missing during the...