Japan's Output Falls as US Tariffs Bite, Inflation Slows

Japan's factory output slumped in July as U.S. tariffs bite and a leading indicator of nationwide inflation slowed, data showed on Friday, complicating the central bank's decision on the next rate-hike timing.

While Japan's jobless rate hit a multi-year low in July due to a tight job market, retail sales rose much less than expected in a sign rising living costs were weighing on consumption.

Signs of persistent inflationary pressure and downside risks to growth highlight the challenge the Bank of Japan (BOJ) faces in determining how soon...

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