Japan Industrial Production Falls As Estimated
13 Juli 2018 - 3:53AM
RTTF2
Japan's industrial production declined as initially estimated in
May, preliminary figures from the Ministry of Economy, Trade and
Industry showed Friday.
Industrial production dropped a seasonally-adjusted 0.2 percent
month-over-month in May, reversing 0.5 percent rise in the previous
month. That was in line with the flash data published on June
29.
This was the first decrease in four months.
Shipments fell 1.6 percent over the month, while inventories
rose by 0.6 percent. The preliminary estimate was confirmed.
On a yearly basis, industrial production growth accelerated to
4.2 percent in May from 2.6 percent in April.
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