TOKYO (Reuters) – Japan’s industrial output likely grew for a sixth straight month in November in a sign of gradual recovery in factory activity, although a recent resurgence in COVID-19 infections clouds the outlook, a Reuters poll showed on Friday.
The trade ministry data due at 8:50 a.m. on Monday (2350 GMT Sunday) is likely to show factory output rose 1.2% in November from the previous month, slowing from a 3.9% gain in October, a Reuters poll of 17 economists showed.
Japan’s factory output has been recovering from a pandemic-related downturn earlier this year, bolstered by global demand for automobiles and IT-related goods as well as capital goods, but some analysts said the outlook was uncertain. Read more…..
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Steve Ballmer, Founder, USAFacts and Former CEO, Microsoft, speaks with Economic Club president David M. Rubenstein on Tuesday April 30, 2019.