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Data● Neutral for Indian equities
Japan’s output slumps for second month due to quake, US-Iran war impacts
The brief
- Japan's industrial production fell 1.7% in August, the second consecutive monthly decline
- A Kumamoto earthquake and higher Middle East costs were cited as factors
- China factory activity expands for first time in three months in September
- August IIP Growth Jumps To 8% As Manufacturing, Power Output Surges
- India’s industrial output grows 8% in August as manufacturing expands 9%
- IIP growth comes in at 8% in August compared with 7.4% in July
- Dollar holds at two-month high as strong US manufacturing data lifts rate-hike bets