Preview: Forecasters See Sharp Rebound for Japanese Industrial Production
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Japan's industrial production is projected to rebound sharply in January, with a forecasted increase of 5.3% month-on-month, following a 0.1% decline in December. This surge is attributed to pre-Lunar New Year activities. Year-on-year, production is expected to rise by 5.2%, continuing a positive trend. The Ministry of Economy, Trade and Industry (METI) maintains its view of fluctuating output, while trade statistics indicate a strong export growth of 16.8% in January. Future attention will focus on METI's outlook for February and March.
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