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

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
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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.

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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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