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Japan Industrial Output Grows Unexpectedly; Tokyo Inflation Remains Stable

By Renju Jaya   ✉   | Published:   | Follow Us On Google News
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Japan's industrial production grew unexpectedly in October and Tokyo core inflation remained stable at the above target level, official data showed on Friday.

Industrial production grew 1.4 percent month-on-month in October, confounding expectations for a drop of 0.5 percent. However, the increase was weaker than a 2.6 percent rise seen in September, the Ministry of Economy, Trade and Industry said.

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