Japan’s Production Slumps to 2011 Quake-Aftermath Low: Economy - Bloomberg

Japan’s Production Slumps to 2011 Quake-Aftermath Low: Economy - Bloomberg

The 1.7 percent drop in November from October exceeded all 27 forecasts in a Bloomberg News survey, a government report showed today in Tokyo. The nation also remained mired in deflation, with consumer prices excluding fresh food dropping 0.1 percent from a year before, compared with a central bank goal of 1 percent and Abe’s desired target of 2 percent.