Japan's industrial output dropped 0.1% in February, marking the second consecutive monthly contraction, due to snowfall impacts and earthquake effects.
Japan's industrial output dropped 0.1% in February, marking the second consecutive monthly contraction, due to snowfall impacts and ongoing production reductions in parts-related industries following the Noto Peninsula Earthquake. Seven sectors reported a decline in output, led by motor vehicles, production machinery, and transport equipment. The government maintained its basic assessment of the industrial output.
March 29, 2024
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