Japan March factory output unexpectedly falls 0.5% month-on-month

Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST Tap here to return to FAST
FAST

TOKYO, April 30 : Japan's factory output unexpectedly fell 0.5 per cent in March from the previous month versus the median market forecast for a 1.1 per cent gain, hit by shrinking output in chemical and petroleum products, government data showed on Thursday.

Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect seasonally adjusted output to rise 2.1 per cent in April and increase 2.2 per cent in May.

Newsletter

Week in Review

Subscribe to our Chief Editor’s Week in Review

Our chief editor shares analysis and picks of the week's biggest news every Saturday.

Sign up for our newsletters

Get our pick of top stories and thought-provoking articles in your inbox

Subscribe here

Get the CNA app

Stay updated with notifications for breaking news and our best stories

Download here

Get WhatsApp alerts

Join our channel for the top reads for the day on your preferred chat app

Join here