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Japan, industrial production confirmed down in July

Zachary Pearce by Zachary Pearce
September 14, 2021
in Economy
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Japan, industrial production confirmed down in July
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(Teleborsa) – In line with expectations the production of Japanese factories in July. According to the final estimate of the Japanese Ministry of International Trade and Industry (METI), the seasonally adjusted index of industrial production fell by 1.5%, confirming what indicated by the preliminary estimate and by the consensus. In the previous month, industrial activity had increased by 6.5%.

On an annual basis the non-seasonally adjusted figure for production increased by 11.6%. There ability to use marks a variation of -3.4% from the previous + 6.2%.

the deliveries recorded a -0.3% and the stocks a -0.7 on a monthly basis. There inventory / sales ratio shows a variation of + 1%.

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Tags: confirmedfinanceindustrialJapanJulyproduction
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