Japan's industrial production declined more than estimated in May, final data from the Ministry of Economy, Trade and Industry showed Friday.
Industrial output was down 3.4 percent from a month ago, sharper than the 3.1 percent drop initially estimated. Annually, production grew 6 percent.
Shipments dropped 1.3 percent month-on-month and inventory dipped 0.7 percent. The monthly variations were revised down from -1.5 percent and -0.6 percent, respectively.
In May, capacity utilization declined at a faster pace of 2.2 percent on month, following a 0.6 percent drop in April.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.