Japan’s Factory Output Posts Biggest Fall in 8 Months on Weak Autos, Chips Sectors

Japan’s Factory Output Posts Biggest Fall in 8 Months on Weak Autos, Chips Sectors
A worker checks machinery at a factory in Higashiosaka, Japan, on June 23, 2022. Sakura Murakami/Reuters
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TOKYO—Japan’s factory output shrank at the fastest pace in eight months in January as declining overseas demand took a heavy toll on key industries such as auto and semiconductor equipment.