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Economy

Japan's March industrial output falls 3.7% on month

Workers assemble a car at a Toyota Motor production line at a plant in Aichi Prefecture in central Japan.

TOKYO (Kyodo) -- Japan's industrial output in March fell 3.7 percent from the previous month, government data showed Thursday.

The seasonally adjusted index of production at factories and mines stood at 95.8 against the 2015 base of 100, the Ministry of Economy, Trade and Industry said in a preliminary report. The result followed a revised 0.3 percent fall in February.

The index of industrial shipments dropped 5.0 percent to 94.0, while that of inventories rose 1.9 percent to 106.4.

Based on a poll of manufacturers, the ministry expects output to increase 1.4 percent in April and fall 1.4 percent in May.

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