Japan’s Production May Signal Stimulus-Extension Need
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Japanese industrial production probably grew at the slowest pace in more than a year last quarter, adding pressure on the government to extend consumer incentives as export growth cools.
Factory output rose 0.2 percent in June from May, according to the median estimate of 26 economists surveyed by Bloomberg News ahead of a Trade Ministry report to be released in Tokyo tomorrow. That would cap the smallest quarterly gain since production fell in the first three months of 2009.