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Japan Nov Ind. Output Flat; Shipments -0.9% M/M

MNI (Singapore)
  • Japan's industrial production maintained flat growth in November, after growing 4.0% m/m last month.
  • Shipments fell 0.9% m/m in November, contracting from the previous 4.9% m/m gain.
  • Inventories fell 1.1% m/m, down from the 1.6% m/m drop in October, marking the seventh straight fall.
  • METI sees production falling 1.1% (revised up from -2.4%) in December before rising 7.1% in January.

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