Japan August factory output falls 3.3% month-on-month

TOKYO (Reuters) -Japan’s factory output fell 3.3% in August from the previous month, versus a median market forecast for a 0.9% drop, government data showed on Monday.

Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect seasonally adjusted output to increase 2.0% in September and expand 6.1% in October.

Separate data showed Japanese retail sales rose 2.8% in August from a year earlier, above the median market forecast for a 2.3% rise.