Japan factory output drops in February
Japanese factory output fell by a worse-than-expected 3.4 percent in February, data showed on Monday, adding to the gloom enveloping the world's third largest economy as it struggles to overcome last year's sales tax rise. The data come days after separate figures showed inflation stalled last month with a key measure of prices flat for the first time in nearly two years -- dealing another blow to Prime Minister Shinzo Abe's bid to conquer deflation and revive the sluggish economy
Read more »