Economic Buzz: Japan Industrial Output Down 2.6% On Month In October

30 Nov 2022 , 10:27 AM

Japan industrial production was down a seasonally adjusted 2.6 percent on month in October, the Ministry of Economy, Trade and Industry said on Wednesday, following the 1.7 percent drop in September. On a yearly basis, industrial production rose 3.7 percent, slowing from 9.6 percent in the previous month. Upon the release of the data, the METI announced its assessment of industrial production, saying that it is picking up slowly but still shows signs of weakness in places. Powered by Commodity Insights