Japan's industrial production falls 0.5% in March amid Iran conflict

11 articles · Updated · Bloomberg · Apr 29

The Industry Ministry reported the March decline, defying economists' expectations of a 1.1% increase in output.
Year-on-year, factory output rose 2.3%, slightly above the anticipated 2.2% gain, but monthly performance disappointed.
The ongoing Iran conflict has dampened global demand and pushed up energy costs, squeezing Japanese manufacturers' margins and clouding economic prospects.

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