Japan: Industrial output dips in January
Industrial production fell 1.3% month-on-month in seasonally-adjusted terms in January, worsening slightly from the 1.0% decline recorded in December.
On an annual basis, industrial production fell 0.9% in January, which contrasted December’s 2.7% increase. Nevertheless, the trend improved, with the annual average growth of industrial production coming in at 6.2%, up from December’s 5.8%.