Japan-to-Korea Output Misses Estimates as Taiwan Cools: Economy
This article is for subscribers only.
Japanese and South Korean industrial output was less than estimates in March and Taiwan’s first-quarter growth was half the forecast pace as weakness in global demand limits recoveries in Asian economies.
In Japan, production climbed 0.2 percent from the previous month, the trade ministry said in Tokyo today. That was less than the median 0.4 percent forecast in a Bloomberg News survey of 27 economists. South Korea’s output fell 2.6 percent, the biggest decline in a year, a separate report showed. Taiwan’s gross domestic product rose 1.54 percent.