INQUIRER.net: Japan industrial output falls 3.3% on-month in June

INQUIRER.net Philippine News for Filipinos

Japan industrial output falls 3.3% on-month in June Jul 30th 2013, 01:33 TOKYO—Japan's industrial output fell by a sharper-than-expected 3.3 percent on-month in June, government data showed Tuesday, underscoring the challenge Tokyo faces in kickstarting the nation's economy. The latest reading was worse than a contraction of 1.7 percent that economists had expected on average in a survey by the Nikkei business daily. In separate figures released Tuesday, household spending last month slipped 0.4 percent from a year earlier, despite expectations of a rise as consumer prices went up for the first time in more than a year. In one bright spot, Japan's jobless rate fell to 3.9 percent in June to the lowest point in more than four years, official data sh... Keep on reading: Japan industrial output falls 3.3% on-month in June Media files: asian-shares-Japan3.jpg (image/jpeg)

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