Industrial production in Japan advanced 1.56 percent on month in August, the Ministry of Economy, Trade and Industry said on Friday.

That beat forecasts for an increase of 0.5 percent following the 0.4 percent decline in July.

On a yearly basis, output jumped 4.6 percent - also topping forecasts for a gain of 3.4 percent after sliding 4.2 percent in the previous month.

Output is projected to gain 2.2 percent in September and 1.2 percent in October.