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Economy

Japan's industrial output falls 4.2% in October on weak demand

Typhoons and tax hike pushed the data to biggest decline in almost 2 years

The main assembly line for V6 engines at Nissan's Iwaki Plant in Iwaki, Fukushima Prefecture. Factory output in October was pushed down by lower production of passenger cars and engines, as well as general purpose and production machinery.   © Reuters

TOKYO (Reuters) -- Japan's industrial output slipped at the fastest pace since early last year in October, exposing widening cracks in the economy which faces a decline in domestic and foreign demand.

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