You are here

Japan's industrial output falls, lends weight to forecasts of recession

Some manufacturers see some lift in March and April, but Trade ministry is non-committal on outlook
Thursday, March 31, 2016 - 05:50

BT_20160331_AROUTPUT310Z3K_2195559.jpg
The Japanese parliament approved a record 96.72 trillion yen (S$1.16 trillion) central government Budget for fiscal 2016 on Tuesday, paving the way for a debate on whether more stimulus spending might be needed to spur the flagging economy.

Tokyo

JAPAN'S industrial output fell at its fastest rate in five years in February, lending support to the likelihood that the world's third largest economy had slipped back into recession in the first quarter of this year.

Output fell 6.2 per cent last month, marking the biggest

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom