Japan’s output fall in March

The low demand in the passenger cars and electronic goods resulted in a low industrial output recorded by Japan that lowered by 3.1% in March. The figures in the report released on Wednesday showed a 0.7% decline in index at Dow Jones and Nikkei.

The ministry officials said that the demand for products like mobile phones and cameras lowered by 6.4% and demand for passenger cars lowered by 4.5%. The data showed that the U.S. economy has also been affecting the Japans market. The domestic consumption has reduced after increase in oil and food price.