• Kyodo News


Industrial production in November plunged a seasonally adjusted 8.5 percent from the previous month, revised downward from a 8.1 percent drop in a preliminary reading, the government said Monday.

Industrial output suffered its steepest fall since comparable figures became available in February 1953, the Ministry of Economy, Trade and Industry said. Output in export-oriented industries fell sharply, METI said, adding the downward revision is mainly a result of new poor figures coming in from pharmaceutical and electronic device sectors.

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