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Japans industrial production fell 4.5 percent month-on-month in October, final data from the Ministry of Economy, Trade and Industry showed on Friday. According to the initial estimate, production had decreased 4.2 percent. On a monthly basis, shipments dropped 4.5 percent in October. Meanwhile, inventory and inventory ratio rose by 1.3 percent and 4.6 percent, respectively. On a year-on-year basis, industrial production declined 7.7 percent in October. The initial estimate showed an annual fall of 7.4 percent.
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