8/15, 6:30 AM (Source: TeleTrader)
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Industrial production in Japan down 2.8% in June

Industrial production in Japan decreased 2.8% in June on a yearly basis, the Ministry of Economy, Trade and Industry stated in a report on Monday. Compared to May, industrial production jumped 9.2%, with both figures surpassing expectations.

Shipments fell 2.9% yearly but improved 5% compared to May, while inventories rose 4.2% and 1.9% respectively. The inventory ratio surged 7.8% annually and declined 1.4% month-on-month.

Baha Breaking News (BBN) / DJ