Japan's industrial output weakens less than estimated in November
Industrial production falls slightly by 0.1% from previous month, bucking forecast of 0.3% decline
By Tuba Şahin
ANKARA (AA) - Japan's industrial production declined for the third month in a row, down 0.1% month-on-month in November, according to data from the Economy, Trade and Industry Ministry on Wednesday.
The market estimate was for a 0.3% decline for the month, after contracting 3.2% in October.
The decline stemmed from industries of general-purpose and business-oriented machinery, production machinery, and inorganic and organic chemicals.
On an annual basis, industrial production dropped 1.3% in November, following four months of increase.
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