Japan factory output slumps as economy sinks deeper in recession
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TOKYO (Reuters) - Japan's industrial output fell for a fourth straight month in May to the lowest level since the global financial crisis, highlighting the widespread impact of the coronavirus on factory and overall business and consumer activity.The world's third-largest economy is bracing for its worst postwar recession, hurt by coronavirus lockdown measures at home and overseas that have upended supply chains, kept businesses shut and depressed consumer spending.Ministry of Economy, Trade and..