Industrial output in Japan fell by 2.1% in monthly , the second monthly drop in a row, due to a dip in the sector which produces machines for general purposes, according to a preliminary report by METI . “Output levels remain relatively high,” a ministry official said, though adding that the recent piling up of inventory needs to be closely watched. Analysts are still uncertain about the economic impact of the recent torrential rain. The ministry said a short-term fall would not be an issue, and reiterated its position that Japan 's industrial output was "picking up slowly", with manufacturers expecting the sector to grow by 2.1% in monthly and 3.8% in June .
Industrial output in Japan fell by 2.1% in monthly , the second monthly drop in a row, due to a dip in the sector which produces machines for general purposes, according to a preliminary report by METI . Analysts are still uncertain about the economic impact of the recent torrential rain. The ministry said a short-term fall would not be an issue, and reiterated its position that Japan 's industrial output was "picking up slowly", with manufacturers expecting the sector to grow by 2.1% in monthly and 3.8% in June .