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Japanese economy appears to be finding some traction - BBH

Research Team at BBH, suggests that Japan's October industrial output was in line with expectations as it rose 0.1% on the month, the third consecutive gain. 

Key Quotes

“However, the year-over-year rate slumped back into negative territory./  The 1.3% fall snaps the two months it has been positive.  The sentiment is positive for November output, where the government's survey suggests expectations for a strong rise (~4.5%) before falling again in December.  Japan's industrial shipments rose 2.2% in October, while inventories fell 2.1%.    The Japanese economy appears to be finding some traction, helped by rising exports and somewhat better domestic consumption figures.”

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