Japan's industrial output rises 2.4% in June

Japan's industrial output rose 2.4 percent in June from the previous month, marking the 4th consecutive month of increase.

The Economy, Trade and Industry Ministry said on Thursday that the industrial output index stood at 81 in June, against a base of 100 for 2005.

The rise is attributed to increases in production of steel for automobiles, and semiconductors for cell phones and game consoles.

The ministry says major manufacturers are forecasting that production will rise 1.6 percent in July and 3.3 percent in August.

The ministry says the recent government stimulus measures are helping to revive industrial output, as indicated by increased production of hybrid vehicles and liquid crystal display TVs.

It also cautions that production levels remain low, and that it will keep a close watch on future trends.