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Thursday, 30 September 2021

Japan Industrial Production Falls 3.2% In August

The value of industrial output in Japan was down a seasonally adjusted 4.3 percent on month in August, the Ministry of Economy, Trade and Industry said on Thursday.

That missed expectations for a decline of 0.5 percent following the 1.5 percent contraction in July.

On a yearly basis, industrial production advanced 9.3 percent - beating forecasts for a gain of 8.0 percent after rising 11.6 percent in the previous month.

Upon the release of the data, the METI's assessment of industrial production was that it is pausing.


The material has been provided by InstaForex Company - www.instaforex.com

source http://www.mt5.com/forex_news/quickview/2183355/

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