AI Data Insight
Japan's newly released Q3 (September) industrial shipment index leaped significantly to 104.7 from the previous month's 89.7, shaking off the trough caused by natural disasters and long holidays in August. Driven by the recovery in automobile shipments and the strong growth of semiconductor manufacturing equipment, overall production momentum has returned to expansion; however, caution is still needed regarding the potential impact of the Middle East situation on supply chains and energy prices in the future.