Japan's Ministry of Economy, Trade and Industry: Steel production is expected to decline by 2.4% year-on-year in the first quarter of next year.
On Thursday, Japan's Ministry of Economy, Trade and Industry stated that due to a slowdown in demand in the manufacturing and construction sectors, Japan's crude steel production is expected to decline by 2.4% in the first three months of 2025.
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Kazuo Ueda: Japan is expected to make further progress in achieving its inflation target next year.
The Bank of Japan Governor Kazuo Ueda stated on Wednesday that the Japanese economy is expected to be closer to sustainably achieving the central bank's 2% inflation target next year.
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