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September 1, 2010

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Factory Output Rises

JAPAN'S factory output unexpectedly rose in July for the first time in two months as companies bolstered production of machinery, chemicals and paper despite signs of a slowing global economy.

Factory production climbed 0.3 percent from June, according to the Ministry of Economy, Trade and Industry's monthly report released yesterday. The reading beat Kyodo news agency's average market forecast for a 0.3 percent decline.



 

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