Japan January industrial output falls 0.8 % month/month: Govt

The month-on-month fall compared with a median market forecast of a 0.3 percent rise and a revised 0.7 percent gain in December, data by the Ministry of Economy, Trade and Industry (METI) showed.

February 28, 2017 / 08:32 IST

Japan's industrial output unexpectedly fell 0.8 percent in January, posting the first decline in six months, government data showed on Tuesday.

The month-on-month fall compared with a median market forecast of a 0.3 percent rise and a revised 0.7 percent gain in December, data by the Ministry of Economy, Trade and Industry (METI) showed.

Manufacturers surveyed by the ministry expect output to rise 3.5 percent in February but fall 5.0 percent in March, it showed.

first published: Feb 28, 2017 08:32 am

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