Japan 2021 industrial output up 5.8%, still below pre-pandemic level

Japan's industrial output in 2021 grew 5.8 percent from a year earlier but remained below its precoronavirus pandemic level amid a resurgence of infections and a global semiconductor shortage, government data showed Monday.The seasonally adjusted index of output at factories and mines in 2021 stood at 95.9 against the 2015 base of 100, with the fastest increase since comparable data became available in 2014, following the worst decline of 10.4 percent in 2020, the Ministry of Economy, Trade and Industry said in a preliminary report.Although the annual figure logged the first rise in three y…READ FULL ARTICLE