TOKYO : Japan's factory output likely fell again in August as the country's manufacturing sector faced supply chain disruptions driven by a global chip shortage and the spread of the Delta coronavirus variant in Southeast Asia.
Separate data is expected to show Japan's jobless rate inched up in August and job availability eased a tad, also boding ill for consumer spending, which makes up over half of the world's third-largest economy. Data from the Ministry of Economy, Trade and Industry is expected to show industrial output fell 0.5per cent in August from the previous month, according to the Reuters poll of 19 economists. Output fell for a second straight month but at a slower pace than in July, when it declined 1.5per cent.
"Car production remained under pressure for adjustment and China's pick-up from the COVID pain appeared to be stalling," said Takeshi Minami, chief economist at Norinchukin Research Institute.
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