Japan industrial production down -1.6% mom in May on vehicle sector

<p>Japan’s industrial production recorded a sharper decline than anticipated, dropping by -1.6% mom in May. This marked the first contraction in four months, surpassing expectations of -1.0% decrease. According to survey by Ministry of Economy, Trade and Industry, manufacturers forecast industrial output to recover by 5.6% in June, only to fall again by -0.6% in […]</p>
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