Japanese industrial output tumbled in August

Note: This section contains information in English only.
Source: CNBC
© Scanpix/Reuters

Japan's industrial output fell more than expected in August, as the demand for cars and electronics was weak due to the global slowdown. As reported by the Ministry of Economy, Trade and Industry, nation's industrial production slumped to a seasonally adjusted -1.3%, down from -1.0% in July, adding concerns that the world's third biggest economy may slip into recession by the end of 2012.

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Mon, 01 Oct 2012 09:46:39 GMT

Dollar, Yen strengthen as economic slowdown spurs demand for safe-haven assets

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