FX.co ★ Japan Industrial Output Unexpectedly Rises

Japan experienced a 1.4% increase in industrial production from September to October 2025, surpassing market expectations of a 0.6% decline, although growth was down from the 2.6% recorded in September, according to preliminary data. This marks the second consecutive month of growth, fueled by expansions in several key sectors. Notably, the motor vehicles sector saw a substantial rise of 6.6%, up from 1.0% in September. Similarly, the electrical machinery and information and communication electronics equipment sector expanded by 4.2%, compared to 4.9% in the prior month, while transport equipment, excluding motor vehicles, increased by 5.8%, recovering from a 6.4% downturn. Year-on-year industrial production saw a 1.5% increase, down from the 3.8% growth reported in September, indicating growth for the second month in a row.