Japan Industrial Output Sinks 2.1% In February
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(RTTNews) - Industrial production in Japan was down a seasonally adjusted 2.1 percent on month in February, the Ministry of Economy, Trade and Industry said on Wednesday.
That was shy of expectations for a fall of 1.2 percent following the 4.3 percent jump in January.
On a yearly basis, industrial production shed 2.6 percent - roughly in line with expectations - after sinking 5.2 percent in the previous month.
Upon the release of the data, the METI maintained its assessment of industrial production, saying that it continues to pick up.
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