Japan industrial output slides |
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Japan's industrial production fell far more than expected in March, pushing up Japanese bond prices and stoking worries that U.S. economic woes are hitting Japanese companies. Household spending and forward-looking jobs data were also weak, setting a bleak environment for the central bank as it reviews rates today and issues a half-yearly economic report in which analysts expect it to downgrade its growth outlook and increase its inflation forecast. Industrial output fell 3.1% in March -- the Read More...
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