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4/17, 6:34 AM (Source: TeleTrader)
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Japan's industrial activity declines in February

Industrial production in Japan increased 0.7% in February compared to the previous month, which was a decrease on preliminary figures according to data released by the Ministry of Economy, Trade and Industry on Wednesday. On a yearly basis it declined 1.1%, which was on par with expectations.

The shipments index was up 1.6% compared to February to reach 102.2 while it declined by 0.3% on a monthly basis. The inventories index increased by 0.4% month-on-month to hit 102.4 and by 1.4% year-on-year. The inventory ratio index grew by 0.5% to 105.5 on a monthly basis and 1.9% on an annual basis.

Breaking the News / DZ