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Japan Sep Ind. Output +1.4% M/M; First Rise In 2 Mths

JAPAN DATA
MNI (Singapore)
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  • Japan's industrial production rose 1.4% in September compared with last month, marking the first rise in two months. The fall was led by the automobile industry and the inorganic and organic chemical industry.
  • Shipments increased by 2.3% m/m, the first monthly rise in two months. The automobile industry had the largest contribution to the increase.
  • Inventory picked up 0.1% m/m, led by the electronic parts and devices 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 8.3% (revised up from 6.1%) in October before falling 3.7% in November.
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  • Japan's industrial production rose 1.4% in September compared with last month, marking the first rise in two months. The fall was led by the automobile industry and the inorganic and organic chemical industry.
  • Shipments increased by 2.3% m/m, the first monthly rise in two months. The automobile industry had the largest contribution to the increase.
  • Inventory picked up 0.1% m/m, led by the electronic parts and devices 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 8.3% (revised up from 6.1%) in October before falling 3.7% in November.