Japan’s factory output fell for a second month in August as businesses remained cautious amid a global outlook clouded by US President Donald Trump’s ongoing tariff campaign.
Industrial production dropped 1.2% from the previous month, following the same pace of decline from July, the Economy Ministry reported Tuesday. The fall was led by metal products and electronic machinery, and was deeper than the median forecast of a 0.9% decline. Compared to a year earlier, output also fell more than expected.