Sat, 28 Nov 2020

TOKYO, Oct. 30 (Xinhua) -- Japan's industrial output rose 4.0 percent from the previous month in September, marking the fourth consecutive month of increase, the government said in a report on Friday.

According to the Ministry of Economy, Trade and Industry, the seasonally adjusted index of production at factories and mines stood at 91.6 against the 2015 base of 100.

The latest preliminary reading comes on the heels of a revised 1.0 percent rise in August with the ministry opting to maintain its assessment of output from the previous month stating industrial output is "picking up."

The index of industrial shipments rose 3.8 percent to 90.4, while that of inventories fell 0.3 percent to 97.7, the government's data showed.

Overall the ministry said that demand for manufacturing has seen a recovery, with firms here planning to increase output this month.

The auto sector, in particular, is continuing to see a recovery from the pandemic both in Japan and overseas, the ministry said.

The ministry's survey of manufacturers resulted in expectations for output to rise 4.5 percent in October followed by a 1.2 percent increase in November.

The ministry said that electrical machinery and information and communication electronics equipment saw a 4.8 percent increase in output, while production machinery leapt 11.1 percent, in the recording period.

Makers of general-purpose and business-related machinery, however, saw production dive 7.0 percent, the ministry's latest data showed.

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