The RS Online automotive industry in Japan has remained one of the few positives that car manufacturers have maintained access to restock inventories and orders from abroad have not been met due to delays in output caused by the earthquake. But the IT industry has been hurt by slowing global demand for personal computers and semiconductors.
Toyota Motor Corp., the largest automaker in the world, said Wednesday its exports rose 19.8 percent in August from the previous year, with production in Japan during the month increased by 11.9 percent. Japan's economy emerged from recession in post-earthquake this quarter, but the jump leads retooling factories destroyed and the resumption of production runs runs faster than previously thought, prompting economists to cut growth forecasts for the remaining months of the year.
Fears of global recession and a rising yen have raised persistent doubts about the prognosis is shared by the government and the central bank, the Japanese WOW Gold economy is recovering, but the middle exacerbates the uncertainty on the outlook.
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