Japan Industrial Production Stumbles 3.3% In August
(RTTNews) - Industrial production in Japan was down a seasonally adjusted 3.3 percent on month in August, the Ministry of Economy, Trade and Industry said on Monday.
That missed expectations for a decline of 0.5 percent following the 3.1 percent increase in July.
On a yearly basis, output slumped 4.9 percent.
Shipments were down 4.0 percent on month and 6.4 percent on year, while inventories eased 0.6 percent on month and 2.0 percent on year.
Upon the release of the data, the METI maintained its assessment of industrial production, saying that is continues to fluctuate indecisively.
According to the METI's forecast of industrial production, output is expected to rise 2.0 percent in September and 6.1 percent in October.
read more
Japan Industrial Output, Retail Sales Grow Less Than Forecast; Tokyo Inflation Rises
Japan's industrial production and retail sales registered weaker-than-expected growth in November and core inflation in the capital came in above the 2 percent target, boosting expectations for an interest rate hike in the near-term. The Ministry of Economy, Trade and Industry on Friday reported that industrial production expanded at a faster pace of 3.0 percent in October.
RTTNews
|
1 day ago
Japan Producer Prices Climb 2.9% On Year In October
Producer prices in Japan were up 2.9 percent on year in October, the Bank of Japan said on Tuesday.
RTTNews
|
4 days ago
Japan Manufacturing PMI Slips To 49.0 In November - Jibun
The manufacturing sector in Japan continued to contract in November, and at a faster pace, the latest survey from Jibun Bank revealed on Friday with a manufacturing PMI score of 49.0.
RTTNews
|
8 days ago
Japan Consumer Prices Rise 2.3% On Year In October
Overall consumer prices in Japan were up 2.3 percent on year in October, the Ministry of Internal Affairs and Communications said on Friday.
RTTNews
|
8 days ago
Japan Has Y461.2 Billion Trade Shortfall
Japan posted a merchandise trade deficit of 461,2 billion yen in October, the Ministry of Finance said on Wednesday.
RTTNews
|
10 days ago
BoJ Chief Says Future Rate Decisions Will Be Data Dependent
Bank of Japan Governor Kazuo Ueda said the future interest rate decisions will be data-dependent and avoided giving clear idea about the timing of the next rate hike. At each monetary policy meeting, the BoJ will make policy decisions based on its assessment of economic activity and prices with the data and information available at the time of each meeting, Ueda told business leaders in Nagoya.
RTTNews
|
12 days ago
Japan Core Machine Orders Slip 0.7% In September
The total value of core machine orders in Japan was down a seasonally adjusted 0.7% on Month in September, the Cabinet Office said on Monday - coming in at 852.0 billion yen.
RTTNews
|
12 days ago
Japan GDP Adds 0.2% On Quarter In Q3
Japan's gross domestic product expanded by a seasonally adjusted 0.2 percent on quarter in the third quarter of 2024, the Cabinet Office said in Friday's preliminary report.
RTTNews
|
15 days ago
