Japan November factory output shrinks 2.3% month-on-month

BY Reuters | ECONOMIC | 12/26/24 06:55 PM EST

TOKYO, Dec 27 (Reuters) - Japan's factory output fell 2.3% in November from the previous month, versus a median market forecast for a 3.4% drop, government data showed on Friday.

Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect seasonally adjusted output to increase 2.1% in December and gain 1.3% in January. (Reporting by Satoshi Sugiyama Editing by Chang-Ran Kim)

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