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Factory data add to Abe's woes

By Agence France Presse ( China Daily ) Updated: 2015-04-01 08:57:21

Figures deal yet another blow to Japanese prime minister's attempt to tackle deflation

Japanese factory output fell by a worse-than-expected 3.4 percent in February, adding to the gloom enveloping the world's third-largest economy as it struggles to overcome last year's sales tax rise.

The latest month-on-month figures missed economists' median forecast of a drop of less than two percent and reversed a 3.7 percent rise in January.

Factory data add to Abe's woes

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