MW: Japan's November industrial output drops by a record 8.1%
Japan's industrial output fell a record 8.1% in November from the previous month as Japanese companies produced less automobiles and other machinery on waning demand, official figures showed Friday. The drop reportedly represents the biggest decline in industrial production since the government started releasing the data in 1953. Economists expected industrial output to fall 6.8%, after it fell 3.1% in October.
