asia: 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
BloombergJapan’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 back to 1978.
BloombergSouth Korea’s factory production jumped the most since mid-2020 last month, suggesting supply disruptions that hurt manufacturing in key industries were easing before an omicron-triggered surge in global infections.
BloombergChina’s manufacturing sector continued to expand in…