Japan industrial output, retail sales grow less than forecast

NAMPA / DPA

2024-11-29

Tokyo (dpa-AFX) - Japan's industrial production and retail sales registered weaker-than-expected growth in November, while core inflation in the capital exceeded the 2% target. This development has heightened expectations for an interest rate hike in the near term. The Ministry of Economy, Trade and Industry (METI) reported on Friday that industrial production expanded at a faster pace of 3.0% in October, marking the second consecutive increase.......

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