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TOKYO (MNI) - Japan's industrial production rose 1.4% m/m in September, led
by growing production and shipments in the machinery and automobile sectors,
Ministry of Economy, Trade and Industry (METI) data released Thursday showed.
Here are key points in the data highlighted by MNI:
--Industrial production increased 1.4% m/m in September, erasing the 1.2% m/m
drop in August, and outpacing an MNI survey of a 0.5% y/y gain.
--Shipments rose 1.3% m/m in September, up from the 1.4% m/m fall in
August. The increase was led by the contribution in shipments of machinery and
steel and non-ferrous metal industries.
--Inventories dropped 1.6% m/m, lower than last month's flat read.
--Industrial production may rise 0.6% month-on-month in October (revised up
from -0.5% in the previous forecast), and fall 1.2% m/m in November, METI
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