Japan Jan industrial output falls 3.7% month-on-month

Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect output to rise 5.0 percent in February and decrease 1.6 percent in March

TOKYO: Japan's industrial output fell 3.7 percent in January, posting a third straight month of declines in a sign slowing external demand is taking its tolls on factory activity, government data showed on Thursday.

The fall in output compared with a median market forecast for a 2.5 percent drop, logging the fastest decline in a year, the data showed.

Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect output to rise 5.0 percent in February and decrease 1.6 percent in March, the data showed. - Reuters