empty
 
 

2023.11.2923:10:00UTC+00Japan Industrial Output Rises 1.0% In October

Industrial production in Japan was up a seasonally adjusted 1.0 percent on month in October, the Ministry of Economy, Trade and Industry said on Thursday - exceeding forecasts for an increase of 0.8 percent and up from 0.5 percent in September.

On a yearly basis, industrial production rose 0.9 percent after sinking 4.4 percent in the previous month.

Shipments were up 0.2 percent on month and 1.0 percent on year, while inventories added 0.8 percent on month and 1.2 percent on year. The inventory ratio rose 0.1 percent on month and 4.6 percent on year.

Upon the release of the data, the METI maintained its assessment of industrial production, saying that it continues to fluctuate indecisively.

According to the METI's forecast for industrial production, output is seen lower by 0.3 percent on month in November and higher by 3.2 percent in December.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback