Economic Buzz: Japan Industrial Production Grows 3.4% On Month In August

17 Oct 2022 , 12:37 PM

Japans industrial production expanded more than initially estimated in August, latest data from the Ministry of Economy, Trade and Industry reported. Industrial production increased a seasonally adjusted 3.4 percent monthly in August, well above the 0.8 percent gain in July. On a yearly basis, industrial production recovered strongly by 5.8 percent in August, after falling 2.0 percent in July. It was the first increase in six months. Production capacity rose 0.1 percent monthly in August, while it declined 1.0 percent from a year ago.Powered by Commodity Insights