Japan's industrial output rose in October for the first time in four months as re-opening of Asian factories eased supply constraints for automakers, offering some hope for the export-reliant economy as it struggles to mount a solid recovery.
The increase was smaller than market expectations, underscoring the lingering impact of global supply chain disruptions. Analysts, however, see signs of an improving outlook.
"Weak outputs among automakers have put a lid on Japan's overall production for the past three months, but the situation is easing," Takeshi Minami, chief economist at Norinchukin Research Institute.
Factory output grew 1.1% from the previous month
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