TOKYO, Feb 28 (Reuters) - 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.
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here (Reporting by Tetsushi Kajimoto Editing by Chang-Ran Kim)