Japan's factories ramped up output for a third straight month in August, as the manufacturing sector showed resilience amid high material costs and worries about a global economic slowdown.
Policymakers in the world's third-largest economy are concerned about recession risks in the United States and other major trading partners, which would make Japan increasingly reliant on domestic consumption for growth.
"Manufacturers’ production activity was firm and production was on an upward trend, as far as for the August data," said Koya Miyamae, senior economist at SMBC Nikko Securities.
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