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2/26, 12:54 AM (Source: TeleTrader)
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Japan's industrial output rises 4.2% in January

The Japanese Ministry of Economy, Trade said in its preliminary report on Friday that the country's industrial production index climbed 4.2% on a monthly basis to land at 97.7 in January to top analysts estimates. Meanwhile, the Japanese industrial production index dropped 5.3% compared to the same month of 2020.

Japan's shipments grew 3.2% month-over-month with the seasonally adjusted index standing at 95.8, while the inventories seasonally adjusted index declined 0.2% monthly to 95.1.

The inventories ratio stood at 106.5 in January, marking a decrease of 6.3% compared to January 2020.

Breaking the News / GA