Japan January factory output falls 1.1% month-on-month
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FILE PHOTO: Workers install a battery for a new electric vehicle model at Mitsubishi Motor Corp's factory in Kurashiki, Japan May 19, 2022. Picture taken May 19, 2022. REUTERS/Satoshi Sugiyama/File Photo
TOKYO (Reuters) - Japan's factory output fell 1.1% in January from the previous month, roughly in line with a median market forecast for a 1.2% decline, government data showed on Friday.
Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect seasonally adjusted output to increase 5.0% in February and fall 2.0% in March.
(Reporting by Satoshi Sugiyama; Editing by Chang-Ran Kim)
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