Wednesday, 30th September 2009
In Business In Japan,
Japanese output up again
Levels of Japanese factory output are currently at record levels, it has been announced.
According to information released today (September 30th), factory output in Japan went up for the sixth month in a row in August which is the biggest stretch of rises seen in the country for 12 years.
On the back of the news, Japanese car giant Toyota announced it will take on twice as many temporary workers as it previously planned in October this year, with 1,600 new staff set to be employed.
As well as this, many car marques in Japan are increasing their output levels after a number of signs suggesting the economy in the country is beginning to recover from the recession.
Economist at the Organisation for Economic Cooperation and Development Randall Jones said: "We are starting to see some green shoots. We think that in the second half of 2009 there will be positive growth in Japan."
Written by Kimberley Homer.