Japan’s industrial production fell last month, following record gains a month earlier, but an overall solid quarter for manufacturing likely helped restore economic growth at the end of last year.
Declines in production of general machinery and chip-making devices pushed overall factory output down 1 percent from the level in November, when it surged a record 7 percent, the economy ministry reported yesterday.
A separate report showed retail sales also dropped 1 percent last month, slipping on a month-on-month basis for the first time since August even before the Omicron variant of SARS-CoV-2 began its rapid spread.
Despite last month’s drop in
Olympic Games get under way in Tokyo
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Tokio: 4 razones por las que estos Juegos Olímpicos serán totalmente distintos (además de por la pandemia)
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ãTAIPEI TIMESã Japan to extend state of emergency
Commuters wearing masks cross an intersection in the Shinjuku District of Tokyo yesterday.
Photo: Bloomberg 2021/05/29 03:00
OLYMPICS CONCERNS: The PM faces enormous pressure to keep the outbreak under control, as the public is worried that the Games could turn into a superspreader event
/ Bloomberg
The Japanese government has recommended extending a state of emergency that includes Tokyo and other major cities, i