Japan April factory output down 2.5 pct mth/mth
TOKYO May 30 (Reuters) - Japanese industrial output fell 2.5 percent in April, government data showed on Friday, as companies cut back on production after ramping it up to meet a rush in demand ahead of an increase in the national sales tax from April.
The decrease was more than a median market forecast of a 2.0 percent fall.
Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect output to rise 1.7 percent in May and decline 2.0 percent in June.
- Exclusive: Angry with Washington, 1 in 4 Americans open to secession
- Secret Service investigates after man jumps White House fence, reaches doors
- French jets strike in Iraq, expanding U.S.-led campaign against Islamic State |
- Scots spurn independence in historic vote, devolution battle begins |
- N.Korea says imprisoned American tried to become 'second Snowden'