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Japan's industrial output in November shrinks 0.6 pct

English.news.cn   2014-12-26 10:57:06

TOKYO, Dec. 26 (Xinhua) -- Japan's industrial output in November fell a seasonally adjusted 0.6 percent from the previous month, the Japanese Economy, Trade and Industry Ministry said Friday.

The index of output at factories and mines stood at 97.8 against the base of 100 in 2010, said the ministry in a preliminary report.

The reading fell against market forecast of a 0.8 percent rise, signaling the country's economy is still struggling to recover following the April consumption tax hike, said the ministry.

However, the ministry maintained its basic assessment of output, saying it is "leveling off."

By sector, eight sectors out of 15 saw decreases in production amid weaker demand following the 3-percentage-point sales tax hike from April 1.

Editor: xuxin
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