|Shinzo Abe, prime minister, attended the New Year Party for members of the Japan National Press Club held in Tokyo, Jan 17, 2014.
Industrial output fell in Japan in November,
following two months of gains as manufacturers cut inventories, revised data
today from the ministry of economy, trade and industry show.
Industrial output dropped 0.1% in the month, reducing the annual gain from 5 to
4.8%. Preliminary data had indicated a 0.1% rise.
While the revision is not significant, it comes after last week's report of a
9.3% surge in machine orders from privately owned Japanese companies in the same
On Friday, Japan raised its assessment on the
overall economy for the first time in four months, reflecting a rise in private
consumption and improving capital expenditure.
However, a Cabinet Office survey released later on Friday showed that Japanese
consumer confidence worsened in December, ahead of a sales tax increase set for