Japan revises November industrial production figures downward
Japan's industrial production in November fell more than initially estimated, revised figures from the Ministry of Economy, Trade & Industry showed Monday.
Industrial production in Japan fell 2.7% month-on-month in November from a 1.5% increase in October, with the decline accelerating from the preliminary November reading of minus 2.6%.
Industrial production was down 2.2% year-on-year in November from a 1.6% increase in October. Again, November's drop accelerated from the preliminary figure of minus 2.1%.
Furthermore, METI said production capacity fell 0.2% in November from October, with capacity down 1.7% compared to the previous year.
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