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Asian Economic News

Japan Industrial Output Falls In November

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Japan's industrial production fell 0.1 percent in November from October, instead of a 0.1 percent increase estimated previously, final data from the Ministry of Economy, Trade and Industry showed Monday. In October, production was up 1 percent.

Meanwhile, shipments remained flat in November compared to the initial estimate of 0.1 percent decline. The decline in inventory was revised to 1.8 percent from 1.9 percent.

Inventory ratio dropped 1.2 percent versus the preliminary estimate of 1.4 percent decrease.

Data today showed that capacity utilization slipped by seasonally adjusted 0.5 percent month-on-month in November. Compared to previous year, capacity utilization fell 2.8 percent.

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