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Japan's industrial output up by 3% in October
The seasonally adjusted industrial production index in Japan observed a monthly increase of 3% to land at 104.3 in October. Compared to the same month in 2023, the figure went up by 1.6%, the Ministry of Economy, Trade and Industry (METI) said in its preliminary report published on Friday. The shipments index increased by 2.8% month-on-month to reach 102.6, while also increasing 0.6% year-on-year. The inventories index came in at 102.2, decreasing by 0.1% compared to the previous month and reducing by 1.4% compared to October 2023. The inventory ratio stood at 104.1, down by 1.4% on a monthly level and down by 0.9% ... (full story)
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- Posted: Nov 29, 2024 1:00am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 2,944
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