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News Wire / economy

Japan Industrial Output Falls In March

Mastodon Tokyo 13d12d Impact 5
Japan's industrial production decreased by 0.5% in March, failing to meet the projected 1.1% growth. The decline is attributed to disruptions in the chemical and fuel sectors linked to the Hormuz Strait. However, year-on-year production rose by 2.3%, slightly exceeding the 2.2% forecast. Production of chemical and petroleum-based goods dropped during this period. Analysts suggest the Middle East conflict is impacting Japan's fragile economy. The decline in output follows a period of volatility in the manufacturing sector. Japan's factory output unexpectedly fell last month. Manufacturers forecast a further 0.7 percent decline in output for the current month. A government survey indicates consumer confidence fell in April due to rising living costs. The National Institute for certain economic indicators (IMAZEC) reported a decline in Japanese industrial output for the month of March.

Topics

industrial production economic growth

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Sources · 7 independent

Mastodon

“Japan’s industrial production fell 0.5% in March, missing the +1.1% forecast, as Hormuz-linked disruptions cut chemic...”

Mix Radio International

“La producción industrial de Japón bajó 0,5% en marzo respecto al mes anterior, por debajo del 1,1% esperado. La interanual, en cambio, subió 2,3%, superando el 2,2% del pronóstico.”

Bluesky Social

“Japan’s industrial production fell 0.5% in March, missing the +1.1% forecast, as ... Hormuz closure hits chemicals and fuels”

CNA938 Singapore

“In Japan's factory output unexpectedly fell last month as production of chemical and petroleum based goods dropped, suggesting the Middle East conflict is starting to hit its fragile economy.”

CNA938 Singapore

“is starting to hit its fragile economy. Industrial production shrank 0.5% in. inflation while weighing on the import-reliant economy. Manufacturers expect output to fall again this month, forecasting a 0.7% decline.”

Radio Cooperativa Chile

“nuevo IMAZEC, el INE reporta una caída de la industrial durante marzo”

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