April factory output in Japan falls 0.1% on aircraft, car weakness

Japan's industrial output in April fell 0.1 percent from the previous month, weighed down by a decrease in production of airplane parts as well as cars amid a Toyota Motor Corp. worldwide recall, government data showed Friday.The seasonally-adjusted index of production at factories and mines stood at 101.6 against the 2020 base of 100, the Ministry of Economy, Trade and Industry said in a preliminary report. It followed a 4.4 percent rise in March.The first decrease in two months came on the heels of a surge in production of airplane engine parts the previous month as manufacturers ramped u…READ FULL ARTICLE