Japan factory output slips 0.3 percent in August
Japan's industrial output slipped for a third consecutive month in August, official data showed Thursday, indicating that a fragile export-led recovery is continuing to lose steam.Output fell 0.3 percent in August, the Ministry of Economy, Trade and Industry said, the figure missing expectations of a 1.1 percent rise."Industrial production is flat and is likely to be weak," it said, adding that the general machinery sector and iron and steel production were the main contributors to the monthly decrease.
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