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8/15, 6:33 AM (Source: TeleTrader)
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Japan's industrial production down 3.8% in June YoY

Industrial production in Japan fell by 3.8% in June on a yearly basis, the Ministry of Economy, Trade and Industry said in its final statement for June. Compared to May, industrial production was down 3.3%.

The index of shipments was at 100.6, falling 3.3% on a monthly basis. It reached 100.2 in June compared to the same month the previous year, falling by 4.2%. The seasonally adjusted inventories index stood at 104.6, gaining 0.3% month-on-month, while the original index was at 104.9, growing 2.9% year-over-year. The inventory ratio was reported at 109.4, up 2.8% from May, while it gained 6.3% compared to June 2018 and had an index of 110.5.

Breaking the News / KP