Reuters reported that Japanese factory output rose in April 2012 at a slower pace than expected, in a discouraging sign that China's slowing economy and Europe's debt crisis will weigh on Japan's fragile recovery.
The data may keep the Bank of Japan under pressure to maintain its ultra easy monetary policy to keep the economy on a recovery path after it returned to growth in the first quarter from a year end lull.
Still, the central bank is expected to avoid taking further easing measures for now unless market jitters over the euro zone's woes trigger a spike in the safe haven yen.
The 0.2% increase in production was much slower than a 1.3% rise in March 2012 and less than the median estimate for a 0.5% gain, trade ministry data showed, as some manufacturers curbed production due to an increase in inventories.
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