Japan industrial output falls 3.4% in February

TOKYO (Reuters) - Japanese factory output fell 3.4 per cent in February from the previous month, government data showed on Monday, partly as companies curbed output due to the Lunar New Year holidays.

The result compared with the median forecast for a 1.8 per cent decline in a Reuters poll of economists.

It was the biggest drop since June last year.

Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect output to fall 2.0 per cent in March and increase 3.6 per cent in April, the data showed.