Japan's industrial output drops 3.6 pct on month in June

Time: 2019-07-30
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Japan's factory output dropped in June from a month earlier, the government said in a report on Tuesday.

According to the Ministry of Economy, Trade and Industry, industrial output here declined 3.6 percent in June, following a 2.0-percent increase in May.

The ministry also said in its preliminary report that the seasonally adjusted index of output at factories and mines stood at 101.1 against the 2015 base of 100.

The index of industrial shipments dropped 3.3 percent to 100.6.

Inventories, meanwhile, were up 0.3 percent to 104.6 in the recording period, the ministry said.

Manufacturers surveyed by the ministry said that looking ahead, they expect factory output to rise 2.7 percent in July and increase 0.6 percent in August.

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