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Manufacturing drop shows weakness in Japan economy

July 29, 2013 • Business


In this Monday, July 29, 2013 photo, Bank of Japan Gov. Haruhiko Kuroda delivers a speech at a Tokyo hotel. Japan’s industrial output fell in June for the first time in five months, the government said Tuesday, July 30, 2013 as it released data highlighting the fragility of the recovery in the world’s No. 3 economy. Kuroda, said Monday he believes the recovery is strong enough to weather a tax hike, which is needed to help redress ballooning deficits that have taken Japan’s national debt to record high levels. (AP Photo/Kyodo News) JAPAN OUT, MANDATORY CREDIT

TOKYO (AP) — Japan’s industrial output fell in June for the first time in five months, the government said Tuesday as it released data highlighting the fragility of the recovery in the world’s No. 3 economy.

Manufacturing slipped 3.3 percent from the month before in June and was 4.8 percent lower than a year before, the Ministry of Economy, Trade and Industry said.

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