Japan's industrial production declined more than initially estimated in July, latest figures from the Ministry of Economy, Trade and Industry showed Monday.
Industrial production fell a seasonally adjusted 0.8 percent month-over-month in July, revised from the 0.6 percent decrease reported earlier. In contrast, production had risen 1.1 percent in June.
Shipments in July dropped 0.4 percent from the preceding month, revised from a 0.3 percent fall in the preliminary report.
Inventories also went down 0.8 percent in July, in line with flash data. Similarly, inventory ratio slipped 1.1 percent as initially estimated.
On an annual basis, industrial production showed no variations in July, following a 2.3 percent gain in June.
The capacity utilization rate edged down a seasonally adjusted 0.2 percent month-on-month in July, reversing a 0.7 percent increase in the prior month. However, the rate dropped 2.0 percent from the previous year, marking its seventh successive monthly decline.
Production capacity fell at a stable rate of 1.1 percent in July over the month. Meanwhile, it grew 0.3 percent yearly in July, the same rate of increase as in June.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.