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Charting the Global Economy: Factory Output Improving in Asia
Industrial production in Japan climbed by the most on record, while South Korea’s factory output advanced solidly -- signs manufacturing is gathering pace as supply-chain woes ease. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy: Asia: Japan’s industrial production jumped by a record in November, adding to evidence that a manufacturing recovery from supply chain snags was solidly underway before the omicron variant started to spread. A bounce back in the auto industry helped production climb 7.2% from October’s level, the biggest gain in data ... (full story)