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Drop in Japan Feb production points to slowing local demand
Published Mon, Mar 30, 2015 · 09:50 PM
Tokyo
JAPAN'S industrial output fell in February at the fastest pace in eight months due to declines in production of machinery, cars and electronics in a worrying sign that domestic demand could be faltering.
Economists were already braced for a fall as many companies were expected to trim output due to the timing of Chinese New Year holidays, but the 3.4 per cent month-on-month decline in Februar…
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