Updated On: 19 January, 2009 01:23 PM IST | | AFP
Japanese industrial output plunged a record 8.5 per cent in November from the previous month as companies retrenched to cope with the recession, the government said today.
Japanese industrial output plunged a record 8.5 per cent in November from the previous month as companies retrenched to cope with the recession, the government said today.
The slump was even bigger than an initial estimate for a drop of 8.1 per cent, and was the biggest fall since comparable records began in 1953.