TOKYO—Japan’s factory output grew the most in October since 2015, rebounding from a fall in the prior month caused by natural disasters, though manufacturers face a tough road ahead in the face of increasing risks from global trade frictions.
The 2.9 percent rise in output handily beat a median market forecast of a 1.2 percent increase, led by items such as factory conveyors, smartphone parts and cars. It followed a revised 0.4 percent drop in the previous month, posting the fastest month-on-month gain since January 2015.
