The Kyushu Bureau of Economy, Trade and Industry reported that July’s industrial production index rose 3.9% from June to 112.8, marking a second straight monthly increase. Growth was led by strong semiconductor production for smartphones, with electronic components up 12.8%. Metal products also rose 6.8%, while transportation equipment dropped 7.9% due to lower domestic car output. The bureau revised its assessment from “stalling” to “recovering,” though long-term risks remain from U.S. trade policy. Source: The Kyushu Bureau of Economy, Trade and Industry

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