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Japan's industrial output fell 3.3% in August, led by automotive and machinery sectors.
Japan's industrial output fell by 3.3% in August, exceeding economists' expectations.
This decline, attributed to decreased production in automotive and machinery sectors, follows a 3.1% increase in July.
The automobile production index dropped significantly due to factory shutdowns from a typhoon.
Despite forecasts of recovery in September and October, concerns about global economic conditions and potential fiscal policy changes cast doubt on Japan's economic outlook.
7 months ago
20 Articles