Japan Nov Factory Output Falls 0.9% Month/Month

JAPAN - ​TOKYO. Japan's factory output fell 0.9% in November from the previous month, compared with the median market forecast for a 1.6% drop, data showed on Thursday.

Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect seasonally adjusted output to increase 6.0% in December and decline 7.2% in January.

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Other data showed Japanese retail sales expanded 5.3% in November from a year earlier.

That was roughly in line with the median market forecast for a 5.0% gain and marked the 21st consecutive month of expansion since March 2022.

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Compared with the previous month, retail sales grew 1.0% in November, following a 1.7% decline in October, the data showed