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Surprise jump in Japaniese output
little optimism the raise in japan's industrial output, against forecasts of a 0.5% drop, surprised analysts . as fear as july's data is concerned, the situation fore industrial output domesn't look so bad, as it showed relatively firm shipments while the inventory ratio declined, said hiroshi shiraishi, an economist at lehman brothers . if output also falls between july and september then the ecountry whill be in a recession . japaniese industrial output rose by 0.9% in july, but economists said that the stronger-than-expected figure did not ease fears of a recession . Generated 2008-8-31_12:36
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