A Japanese official says the global chip shortage impact is continuing but easing

The remarks are in response to the IP data out earlier:

• Japan Industrial Production for June 2021 +6.2% m/m (preliminary) (vs. expected 5.0%)

Says the global chip shortage is continuing

• but its impact is easing
• which has helped auto output to rebound sharply in June

Headlines via Reuters

I'm not sure what this official is trying to say. I guess it is that there are more chips becoming available ... maybe no one else is confused and its just me.