9/13, 6:31 AM (Source: TeleTrader)
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Japanese industrial output up 0.7% in July

Japanese industrial production increased by 0.7% in July compared to the same month a year ago, the Ministry of Economy, Trade and Industry said on Friday.

The production index was reported at 106.9, while the seasonally adjusted industrial production index was at 102.7, jumping by 1.3% month on month.

The seasonally adjusted index of shipments climbed 2.7% month on month to 102.5. Annually, the original index was up by 1.9% to 105.3. The seasonally adjusted inventories index stood at 104.5, down 0.6% from June, while the original index was at 106.4, surging 2.5% year on year. The inventory ratio index was reported at a seasonally adjusted 107.5, dropping 2.1% from the previous month. The original index increased 0.7% on a yearly basis to reach 107.2.

Breaking the News / NP