Japan's industrial output fell 1.7% during November, the Ministry of Economy, Trade and Industry said Friday, with the result worse than the 0.5% drop expected in a Dow Jones Newswires survey of economists
Shipments fell 1.1% during the month, while inventories declined 1.2%, the data showed
The ministry's accompanying survey of companies' production forecasts remained optimistic, indicating production would rise 6.7% this month, though the projection was down from a 7.5% rise tipped in last month's survey
January industrial production is expected to rise 2.4%
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