Japanese industrial output is decreasing but is expected to rebound.

Amid escalating concerns about the ongoing impact of tariffs on manufacturing in the United States and the slowdown of the global economy, Japan's industrial output fell in November. According to government data released on Friday, industrial output dropped by 2.6%, reversing October's 1.5% increase. This decline was larger than the expected 1.8% decrease. Despite a trade agreement reached earlier this year between Tokyo and Washington, many Japanese exports to the US still face a 15% tariff. The focus of attention remains on whether these costs will erode Japanese companies' investment plans. However, Friday's data showed that businesses expect output to rebound quickly, with a projected increase of 1.3% in December and a significant increase of 8.0% in January.