LOGO
LOGO

Quick Facts

Japan Aug Industrial Production Revised To Show Steeper Decline

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

Japan's industrial output was revised to show steeper decline in August, final figures from the Ministry of Economy, Trade and Industry showed Wednesday.

Industrial production fell 1.9 percent month-over-month in August, which was faster than the 1.5 percent drop estimated earlier. In July, production had decreased 0.4 percent.

On a year-over-year basis, industrial output dropped 3.3 percent in September, exceeding the flash estimate for a 2.9 percent decrease. This follows the 0.7 percent fall in July.

Shipments fell 2.1 percent month-over-month after the 0.7 percent rise in July. Inventory declined 0.9 percent in August, the same rate as in July.

Overall capacity utilization slid 1.7 percent month-over-month in August after the 0.8 percent decline in July.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

Latest Updates on COVID-19