AFP, Tokyo :
Japan’s factory output and inflation rate slowed in November, official data showed Friday, dealing a fresh challenge for Tokyo’s bid re-boot the economy, just days after pro-business prime minister Shinzo Abe was re-elected following a snap election.
The weak figures raised the prospect of further easing by the Bank of Japan as its ambitious 2.0 percent inflation target, aimed at ending years of tepid growth, appears increasingly out of reach.
Japan’s factory output and inflation rate slowed in November, official data showed Friday, dealing a fresh challenge for Tokyo’s bid re-boot the economy, just days after pro-business prime minister Shinzo Abe was re-elected following a snap election.
The weak figures raised the prospect of further easing by the Bank of Japan as its ambitious 2.0 percent inflation target, aimed at ending years of tepid growth, appears increasingly out of reach.
