Japan's industrial production down 0.2% in May

Economy 7/13/2018, 6:40 AM
Japan's industrial production down 0.2% in May

Industrial production in Japan was down 0.2% in May compared to the previous month, according to a report by the Japanese Ministry of Economy, Trade and Industry. The seasonally adjusted production index stood at 104.4. The shipments index decreased 1.6% and was reported at 101.5, while the inventories index was 113.5, up 0.6% from the month before.

On a yearly level, the industrial production index was 98.8, which was 4.2% higher than the same month the year before. The shipments index rose 3.3% to 94.3, and the inventories index increased 2.5% and amounted to 113.3.

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