Financial News: Japan Industrial Output Recovers More Than Estimated

Japan Industrial Output Recovers More Than Estimated

11/15/2023 - 01:55:00 (RTTNews)

(RTTNews) - Japan's industrial production expanded more than initially estimated in September, the latest report from the Ministry of Economy, Trade, and Industry said on Wednesday.

Industrial production advanced 0.5 percent month-over-month in September, reversing a 0.7 percent decrease in the previous month. It was the first rise in three months.

In the initial report, the rate of change in production was an increase of 0.2 percent.

Shipments advanced 0.6 percent monthly in September, while inventories decreased 1.6 percent. Data showed that the inventory ratio also showed a contraction of 1.7 percent.

On a yearly basis, industrial production fell at a stable rate of 4.4 percent at the end of the third quarter.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Fed Chair Jerome Powell Calls Rate Cut Speculation 'Premature' (57 min(s), 41 sec(s) ago)
(RTTNews) - While forecasts suggest the U.S. central bank could start cutting interest rates as so ...Full Story»

U.S. Construction Spending Climbs More Than Expected In October (05 min(s), 41 sec(s) ago)
(RTTNews) - Construction spending in the U.S. rose by more than expected in the month of October, ...Full Story»

U.S. Manufacturing Index Indicates Continued Contraction In November (54 min(s), 41 sec(s) ago)
(RTTNews) - The Institute for Supply Management released a report on Friday showing a continued co ...Full Story»

UK Manufacturing Downturn Eases In November (04 min(s), 41 sec(s) ago)
(RTTNews) - The downturn in British manufacturing activity softened in November as output and new ...Full Story»

Irish Economy Shrinks 1.9% In Q3, More Than Estimated (27 min(s), 19 sec(s) ago)
(RTTNews) - Ireland's economy contracted slightly more than initially estimated in the third ...Full Story»

Eurozone Factory Sector Downturn Slows (58 min(s), 19 sec(s) ago)
(RTTNews) - Euro area manufacturing sector remained in the contraction zone but deterioration in p ...Full Story»

Swiss Economy Recovers In Q3 (02 hr(s), 09 min(s), 19 sec(s) ago)
(RTTNews) - Switzerland's economy rebounded in the third quarter underpinned by exports and co ...Full Story»

Irish Manufacturing Activity Stabilizes In November (03 hr(s), 30 min(s), 19 sec(s) ago)
(RTTNews) - Ireland's manufacturing activity signaled a stabilization in November amid rises i ...Full Story»