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Japan Manufacturers See Rebound as Yen Lightens Outlook: Economy

Japan’s manufacturers predict a rebound in production this month after the deepest slide since the aftermath of the March 2011 earthquake, with the central bank poised to step up monetary stimulus next week.

Industrial output will rise 1 percent in March after a 0.1 percent on-month drop in February, according to forecasts submitted for a Trade Ministry report released in Tokyo today. Production tumbled 11 percent in February from a year earlier, the steepest since April 2011, reflecting last year’s recession.