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MNI BRIEF: Japan April Industrial  Output Drops

(MNI) Tokyo
(MNI) TOKYO

Japan's industrial output fell 0.1% m/m in April, its first drop in two months, following March's 4.4% gain, due to weaker production of transport equipment excluding motor vehicles, data released by the Ministry of Economy, Trade and Industry showed on Friday.

Production of motor vehicles fell 0.6% m/m in April for the first drop in two months following +9.9% in March.

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Japan's industrial output fell 0.1% m/m in April, its first drop in two months, following March's 4.4% gain, due to weaker production of transport equipment excluding motor vehicles, data released by the Ministry of Economy, Trade and Industry showed on Friday.

Production of motor vehicles fell 0.6% m/m in April for the first drop in two months following +9.9% in March.

Keep reading...Show less