Japan's IPI drops 5.2% in February

Source: London South East
© Reuters
The Japanese Ministry of Economy, Trade and Industry announced on Friday that the country's industrial production dropped less-than-expected. On a seasonally adjusted month-on-month basis, Japan's industrial output declined 5.2% in February, compared to the 6.2% drop originally reported. Meanwhile, the annual IPI decreased 1.2%, compared to the same period in the previous year.
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