Japan June industrial output rises 1.6% from prior month

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Japan`s industrial output rose 1.
6 percent in June from the previous month due to higher production of cars and chemicals, preliminary government data showed on Monday, in a sign of a pickup in manufacturing activity.
The result compared with the median estimate of a 1.
7 percent increase in a Reuters poll of economists.
It followed a 3.
6 percent decline in May, data from the Ministry of Economy, Trade and Industry showed.
Manufacturers surveyed by the ministry expect output to rise 0.
8 percent in July and 3.
6 percent in August.

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