Wednesday, June 29, 2011

Japan's factory output rebounds

Car manufacturing unitJapanese automakers have been working at reduced capacity after the earthquake and tsunami

Japan's factory output rose at a faster-than-expected pace in May as the economy continued to recover from March's earthquake and tsunami.

Japan's industrial output jumped by 5.7% in May, compared with the previous month, the latest government data showed.

The twin disasters had damaged factories and caused disruption to the country's supply chain.

Analysts said the latest numbers showed that manufacturers were recovering.

"As supply chains recover from the damage caused by the March earthquake, output is showing a strong recovery, mainly in cars," said Yuichi Kodama, of Meiji Yasuda Life Insurance.

This article is from the BBC News website. ? British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

Source: http://www.bbc.co.uk/go/rss/int/news/-/news/business-13954073

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