Content and data provided by various third parties and Fidelity - Terms of Use
Print.Print
Small font size A Larger text size A Largest text size A

Japan March factory output unexpectedly falls 0.5% month-on-month

BY Reuters | ECONOMIC | 07:57 PM EDT

TOKYO, April 30 (Reuters) - Japan's factory output unexpectedly fell 0.5% in March from the previous month versus the median market forecast for a 1.1% gain, hit by shrinking output in chemical and petroleum products, government data showed on Thursday.

Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect seasonally adjusted output to rise 2.1% in April and increase 2.2% in May. (Reporting by Kantaro Komiya; Editing by Jacqueline Wong)

More Fixed Income News

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

© 1998 – 2014 FMR LLC.

All rights reserved.
fir_news_article