Asian Economic News

Japan Industrial Production Climbs For Second Month

corrected first two paragraphs

Japan's industrial production climbed for the second successive month in September, final data published by the Ministry of Economy, Trade and Industry showed Monday.

Industrial production rose 0.6 percent month-over-month in September instead of a flat change reported earlier. However, it was slower than the 1.3 percent climb in August.

Shipments grew 1.8 percent over the month, revised up from a 1.1 percent gain initially estimated. At the the same time, inventories fell 0.5 percent, corrected from a 0.4 percent drop.

On an annual basis, industrial production increased at a slower pace of 1.5 percent in September, following a 4.5 percent growth in the prior month.

The capacity utilization decreased 2.0 percent monthly in September, reversing a 2.6 percent climb in the previous month.

by RTTNews Staff Writer

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