Japan Factory Output Growth Stalls İn November After Rising For 5 Months

30 December 2020

Japan’s industrial output growth stalled in November after rising for five months, underscoring the fragile nature of the global economic recovery due to a recent resurgence in Covid-19 infections. Official data released on Monday showed factory output was flat in November from the previous month, as declining output of cars and plastic products offset strength in production and general machinery output. The flat reading was much slower than the prior month’s final 4.0% gain, and below the median market forecast of a 1.2% rise in a Reuters poll of economists.
Source : Cnbc
Post by  : Republic of Turkey Ministry of Trade