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4/26, 1:54 AM (Source: TeleTrader)
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Japan's industrial production down in March

Industrial production in Japan recorded a drop in March, according to the country's Ministry of Economy, Trade and Industry. The seasonally adjusted industrial production index was at 101.9, 0.9% lower than in February. The original index in March was reported at 110.6, or 4.6% less than in the same month last year.

The index of shipments was at 101.6, a drop of 0.6% compared to February; on a yearly basis, it reached 112.8, 3.3% less than in March 2018. The seasonally adjusted inventories index stood at 104.0, 1.6% higher month-on-month, while the original index was at 99.1, rising 0.4% year-on-year. The inventory ratio was reported at 107.3, increasing by 1.7% since February, and gaining 3.5% on a yearly basis for an index of 94.7.

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