Japan August factory output unexpectedly falls

TOKYO, Sept ‌30 (Reuters) - Japan's ​factory ​output unexpectedly fell in August from the previous month, ‌government data showed on Wednesday.

Here ⁠are a few details:

• Industrial output shrank ‌1.7% in August ‌from the previous month, according to data released by the Ministry ​of Economy, compared to the median market forecast for a ⁠1.7% rise in a Reuters poll. It decreased ​for a second straight month.

• Manufacturers surveyed by the ministry ​expect seasonally adjusted output ‌to increase 3.2% in September and grow 3.1% ⁠in October.

• In August, motor vehicle production slumped 6.8% from the previous ⁠month as an earthquake and a typhoon ​disrupted operations, while general-purpose and business-oriented machinery output declined 6%.

• The indicator will be among the ‌factors the Bank of Japan will scrutinise as it ‌decides whether to raise ⁠interest rates in ‌the near future.

(Reporting ​by Satoshi Sugiyama, Editing by Chang-Ran Kim and Rashmi ‌Aich)

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