Japan Industrial Output Slips 1.1% In January

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Japan Industrial Output Slips 1.1% In January

(RTTNews) - Industrial production in Japan was down a seasonally adjusted 1.1 percent on month in January, the Ministry of Economy, Trade and Industry said on Friday.

That was shy of expectations for a decline of 1.0 percent following the 0.2 percent loss in December.

On a yearly basis, industrial production was up 2.6 percent.

Upon the release of the data, the METI maintained its assessment of industrial production, saying that it continues to fluctuate indecisively.

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