Japan’s industrial output rose more than expected in September

TOKYO: Japan’s industrial output rose 1.4% in September from the previous month, compared with the average market forecast for a 1% rise, government data showed on Thursday.

Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect seasonally adjusted output to rise 8.3% in October and fall 3.7% in November.

Separate data showed retail sales in Japan rose 0.5% in September from a year earlier, well below the average market forecast for a 2.3% rise.