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Japan Aug Ind. Output -3.3% M/M; First Fall In 2 Mths

JAPAN DATA
MNI (Singapore)
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  • Japan's industrial production fell 3.3% in August compared with last month, marking the first fall in two months. The fall was led by the automobile industry and electrical, information and communications machinery industry.
  • Shipments decreased by 4.0% m/m, the first monthly drop in two months. The automobile industry had the largest contribution to the decrease.
  • Inventory fell 0.6% m/m, led by the automobile industry.
  • METI keeps its assessment of production as "ups and downs", considering the fluctuating production and increasing production plans in future two months.
  • METI sees production will rise 2.0% (revised up from -3.3%) in September before rising 6.1% in October.
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  • Japan's industrial production fell 3.3% in August compared with last month, marking the first fall in two months. The fall was led by the automobile industry and electrical, information and communications machinery industry.
  • Shipments decreased by 4.0% m/m, the first monthly drop in two months. The automobile industry had the largest contribution to the decrease.
  • Inventory fell 0.6% m/m, led by the automobile industry.
  • METI keeps its assessment of production as "ups and downs", considering the fluctuating production and increasing production plans in future two months.
  • METI sees production will rise 2.0% (revised up from -3.3%) in September before rising 6.1% in October.