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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessJapan Oct Ind. Output -2.6% M/M; 2nd Drop In 3 Mths
- Japan's industrial production dropped for a second straight month by 2.6% m/m in October, led by machinery and electronic industries, due to the decreasing demands.
- Shipments fell 1.1% m/m from last month, semiconductor equipment and flat panel display equipment were the main factors in the decline.
- Inventories fell for the first time in 5 months by 0.8% m/m. The automobile industry made the largest contribution to the increase due the shortage of parts and materials.
- METI downgraded its assessment from "production recovering moderately" to "Although production is picking up moderately, weakness is seen in some areas".
- METI sees production rising 3.3% (revised up from 0.8%) in November before rising 2.4% in December.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.