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Japanese Industrial Production Grows, But Misses Expectations

Sam RoFeb 28, 2013, 05:21 IST

kevin dooley / FlickrJapanese industrial output climbed by just 1.0 percent in month-over-month in January.

This was less than the 1.5 percent gain expected by economists.

Output is down 5.1 percent year-over-year.

Japan has been struggling to figure out ways stimulate its ailing economy.

Prime minister Shinzo Abe has promised to do this through aggressive monetary policy. All of this talk has been causing Japan's stock market to surge as the yen tanks.