Japan’s economy stumbles as factory output drops and BOJ cuts back bond buying

Japan’s economy weakened sharply in August as industrial production and consumer spending both fell, creating new risks for policymakers. Government figures released Tuesday by the Ministry of Economy, Trade and Industry showed factory output down 1. 2% from July, worse than the 0. 8% fall economists expected. Retail sales slipped 1. 1% from a year earlier, the first […] source: https://www.cryptopolitan.com/japan-economy-stumbles-boj-cuts-back-bonds/