Japan Industrial Production Falls As Estimated

Japan's industrial production declined in July, as initially estimated, data from the Ministry of Economy, Trade and Industry said on Monday.

Industrial production fell a seasonally adjusted 1.5 percent monthly in July, as estimated.

Shipments decreased 0.3 percent on month in July and inventories fell 0.7 percent in .

Meanwhile, the inventory ratio grew 1.0 percent.

On a yearly basis, industrial production accelerated 11.6 percent in July, as initially estimated.

Capacity utilization declined 3.4 percent monthly in July and gained 14.1 percent from a year ago.

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