A worker is seen at an assembly line of Honda Motor Co.'s motorcycles. Photo: Reuters / Naomi Tajitsu
A Honda motorcycle assembly line. Japan's manufacturing sector operates under a different model than that followed in much of the West. Photo: Reuters / Naomi Tajitsu

A reading from Japan’s Ministry of Economy, Trade and Industry showed industrial production grew 4% month on month in April, after a 1.9% fall in March, reports the Financial Times. The number slightly missed expectations of a 4.3% rise from economists polled by Reuters.

Pace of production growth accelerated to 5.7%, following a dip to 3.5% in March. The improvement was driven by transport equipment, machinery and electronic devices and components.

A survey from the ministry, though, warned of slowing growth, with Japanese manufacturers expecting another drop in production of 2.5% for May, followed by another pick up of 1.8% in June.