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Saturday, August 29, 2009

JAPANESE INDUSTRIAL OUTPUT RISES

Japan's industrial output rose for a third straight month, matching the fastest pace in 56 years, as the world's number two economy claws back from its worst recession on record, data has shown.
Japanese manufacturers moved swiftly to idle production lines after the global economic downturn sent their exports plunging. Having succeeded in reducing their bloated stockpiles, they are now ratcheting up their industrial output again.

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