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Japanese industrial output slows | Japanese industrial output slows |
(4 days later) | |
Japanese industrial production fell in September, government figures show, signalling that the recent economic revival may have stalled. | Japanese industrial production fell in September, government figures show, signalling that the recent economic revival may have stalled. |
Output was 0.7% lower than in August because of a drop in exports, according to data from the Ministry of Economy, Trade and Industry. | Output was 0.7% lower than in August because of a drop in exports, according to data from the Ministry of Economy, Trade and Industry. |
It blamed the slowdown mainly on weaker demand for cars, auto parts and machines to produce semiconductors. | It blamed the slowdown mainly on weaker demand for cars, auto parts and machines to produce semiconductors. |
Despite the monthly fall, output was still 5.1% higher than a year before. | Despite the monthly fall, output was still 5.1% higher than a year before. |
'Rising trend' | 'Rising trend' |
The fall follows a 1.8% rise in output in August. | The fall follows a 1.8% rise in output in August. |
The ministry said it now expected output to fall by 0.2% in October from September but then rise 0.5% in November. | The ministry said it now expected output to fall by 0.2% in October from September but then rise 0.5% in November. |
It also said: "Generally speaking, production remains on a rising trend." | It also said: "Generally speaking, production remains on a rising trend." |
However Japan's Mitsubishi Motors said that during the first half of the year it has experienced a difficult time. | However Japan's Mitsubishi Motors said that during the first half of the year it has experienced a difficult time. |
"We're not hopeful that sales will recover easily in some key markets, including Taiwan, Indonesia, and Malaysia," said the firm's managing director Hiizu Ichikawa. | "We're not hopeful that sales will recover easily in some key markets, including Taiwan, Indonesia, and Malaysia," said the firm's managing director Hiizu Ichikawa. |