Japan’s factory production edged up in October, ending a three-month slide and adding to signs that the global supply chain crunch may have been easing before the emergence of the omicron variant of the coronavirus.
Higher output of cars and factory equipment lifted overall production 1.1% from September, the economy ministry reported Tuesday. Manufacturers said they plan to boost output again this month and next, a good sign for Japan’s recovery this quarter. Analysts had expected a 1.9% increase in October.
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November 30, 2021 at 06:55AM
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Japan Factory Production Edges Up as Asia's Supply Snags Ease - Bloomberg
"Factory" - Google News
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