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Economy

Japan's April production and consumption hammered by coronavirus

Factory output records biggest decline in 7 years while retail sales slump

Japanese industrial production recorded its biggest decline in 6 years in April due to the impact of the coronavirus.   © Reuters

TOKYO -- Japan's industrial output in April fell 9.1 percent from the previous month, government data showed Friday, as the coronavirus pandemic pummeled the world's third-largest economy.

The Ministry of Economy, Trade and Industry said the seasonally adjusted index of production stood at 87.1 against the 2015 base of 100. The result showed the biggest decline since comparable data became available in 2013 and was the third consecutive monthly drop.

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