9/30/2013

Japanese factory outputs fell 0.7% in August after a 3.4% rise in July, but manufacturing is forecast to jump 5.2% in September and is on track to rise the rest of the year, according to a government report. The increases are a sign of economic recovery and will likely lend support to Prime Minister Shinzo Abe's proposal to increase the sales tax to help pay down the country's debt and meet growing social security obligations.

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