Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect output to rise 5.0 percent in February and decrease 1.6 percent in March
TOKYO: Japan's industrial output fell 3.7 percent in January, posting a third straight month of declines in a sign slowing external demand is taking its tolls on factory activity, government data showed on Thursday.
The fall in output compared with a median market forecast for a 2.5 percent drop, logging the fastest decline in a year, the data showed.
Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect output to rise 5.0 percent in February and decrease 1.6 percent in March, the data showed. - Reuters
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
