Fri, 01 Jun 2012 08:47:09 GMT
Japan's factory output missed forecast in April
Factory output in Japan missed forecast in April, expanding by 0.2% as compared to an expected increase of 0.5%, reported the Trade and Industry Ministry. The ministry expects the output to decline further in May; however, the production is likely to rebound in June. The factory output was weakened by soft demand for electronic goods coupled with strong Yen.