India, Feb. 27 -- Industrial output in Japan dropped a seasonally adjusted 1.1 percent on month in January, the Ministry of Economy, Trade and Industry said on Friday.
That was shy of expectations for a decline of 1.0 percent following the 0.2 percent loss in December.
On a yearly basis, industrial production was up 2.6 percent.
Upon the release of the data, the METI maintained its assessment of industrial production, saying that it continues to fluctuate indecisively.
Industries that contributed to the decline included production machinery, electronic parts and electrical machinery. These were offset by gains among motor vehicles, chemicals and iron and steel.
Shipments were down 1.5 percent on month and up 2.0 percent on year, while ...