Japan April Industrial Output Down 0.4 Pct
Tokyo, May 31 (Jiji Press)--Japan's industrial production in April fell 0.4 pct from the previous month, the Ministry of Economy, Trade and Industry said Wednesday.
The seasonally adjusted production index for the manufacturing and mining sectors stood at 95.5 against 100 for the base year of 2015. In the previous month, the index was up 1.1 pct.
The April result came against the median forecast of a 1.6 pct rise among 18 economic research institutes surveyed by Jiji Press.
The shipment index stood at 93.0, down 0.4 pct, and the inventory index at 104.0, up 0.3 pct.
Production at manufacturers is expected to increase 1.9 pct in May and advance 1.2 pct in June, the ministry said.
(2023/05/31-08:58)
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