Japan's industrial output increased modestly in June, in contrast to preliminary estimates for a slight decrease, final data from the Ministry of Economy, Trade and Industry showed Friday.
Industrial production increased a seasonally adjusted 0.4 percent month-on-month in June, defying preliminary estimates for a 0.1 percent decline. In May, production had decreased 3.4 percent sequentially.
Annually, overall industrial output decreased 1.5 percent in June, slightly sower than 1.6 percent fall estimated earlier, the agency said.
Shipments dropped 0.9 percent month-on-month and inventory dipped 1.2 percent. The monthly variations were revised down from -1.5 percent and -1.4 percent, respectively, the agency said.
by RTT Staff Writer
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