Japanese Industrial Output Up 4 Per Cent in January
(MENAFN- Qatar News Agency) Japan's industrial production climbed a seasonally adjusted 4 per cent in January from the previous month for the second straight month of rise, the government said Friday. The figure beat the 3-per-cent increase predicted by analysts surveyed by the Nikkei business daily, following a 0.9-per-cent rise in December
The Ministry of Economy, Trade and Industry maintained its basic assessment, saying "industrial production continues to show an upward movement." The index of production at factories and mines stood at 104.1 against a 2005 baseline of 100, the ministry said. Chemicals, transport equipment and general-purpose production and business-oriented machinery industries contributed to the bulk of the rise in January, the ministry said.
Manufacturers surveyed by the ministry expected industrial output to rise 1.3 per cent in February and fall 3.2 per cent in March. The index of industrial shipments jumped 5.1 per cent in January from the previous month to 105, and that of industrial inventories edged down 0.9 per cent to 104.6, the ministry said
The Ministry of Economy, Trade and Industry maintained its basic assessment, saying "industrial production continues to show an upward movement." The index of production at factories and mines stood at 104.1 against a 2005 baseline of 100, the ministry said. Chemicals, transport equipment and general-purpose production and business-oriented machinery industries contributed to the bulk of the rise in January, the ministry said.
Manufacturers surveyed by the ministry expected industrial output to rise 1.3 per cent in February and fall 3.2 per cent in March. The index of industrial shipments jumped 5.1 per cent in January from the previous month to 105, and that of industrial inventories edged down 0.9 per cent to 104.6, the ministry said
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