Japan\'s industrial production fell 4 percent in September from a month earlier, marking the first time output here has dropped in six months, the Ministry of Economy, Trade and Industry (METI) said in a report on Friday. According to the ministry\'s figures, adjusted for seasonal variations, industrial output also fell 4 percent from the previous year with the index standing at 89.9 against the 2005 base of 100 and follows a 0.4 percent rise logged a month earlier. On a month-on-month basis, September\'s figure came in well below median market forecasts for a 2.1 percent contraction and follows August\'s 0.8 percent increase. METI said that transport equipment, general machinery and electrical machinery were the industries that contributed mainly to the decrease in the recording period, with passenger cars, semiconductors and cellular phones being the contributing commodities. The index of industrial shipments fell 2.6 percent to 92.1, the government data also revealed, while that of industrial inventories was flat at 102.8. The Inventory ratio climbed 4.2 percent to 11.6 on a seasonally adjusted basis, the data showed. Following the release of the latest figures, the ministry said that industrial production \"appears to be flat.\"
GMT 09:43 2018 Tuesday ,23 January
Global unemployment down but working poverty rampantGMT 15:13 2018 Sunday ,21 January
All you need to know about Davos 2018GMT 22:33 2018 Saturday ,20 January
Calls for action over dirty money flowingGMT 04:42 2018 Saturday ,20 January
Storm caused 90 mn euros in damage: Dutch insurersGMT 07:06 2018 Friday ,19 January
China economy rebounds in 2017 with 6.9% growthGMT 11:35 2018 Thursday ,18 January
'Massive' infrastructure spending needed in AfricaGMT 14:29 2018 Wednesday ,17 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 18:55 2018 Tuesday ,16 January
London stock market edges to new highMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor