Factory output gain shows firms’ resilience

Output rebound: A woman walks past an electronic screen in Tokyo. The gains are forecast to continue after the United States and Japan reached a trade agreement with terms considered more favourable to Japan than had been feared. — Reuters

TOKYO: Japan’s factory output unexpectedly rose in June, as manufacturers showed resilience even as US tariffs weighed on the nation’s exports.

Industrial production gained 1.7% from the previous month, the Industry Ministry reported yesterday.