June 29, 2020 / 11:55 PM / 13 days ago

Japan May industrial output drops 8.4% month/month

TOKYO, June 30 (Reuters) - Japan’s industrial output fell 8.4% in May from the previous month to mark a fourth straight month of declines, government data showed on Tuesday, underscoring the pain inflicted by the coronavirus pandemic on factory activity.

The fall compared with a median market forecast of a 5.6% decline in a Reuters poll of economists.

Manufacturers surveyed by the Ministry of Economy, Trade and Industry (METI) expect output to rise 5.7% in June and increase 9.2% in July, the data showed.

For the full tables on METI’s website:

here (Reporting by Tetsushi Kajimoto; Editing by Chris Gallagher)

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