Japan’s industrial output up 5.9% on month

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Japan’s industrial output up 5.9% on month

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06-29-2009, 10:53 AM

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Japan’s industrial output up 5.9% on month

The world’s second largest economy received some good news today with the Ministry of Economy, Trade and Industry announcing that industrial production was up 5.9% in May from a month earlier.The gain was the third consecutive monthly rise with manufacturers predicting that output will rise 3.1% in June and 0.9% in July.However, despite today’s rise, [...]

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