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Japan Industrial Output Sinks 1.6% In July
(RTTNews) - Industrial production in Japan was down a seasonally adjusted1.6 percent on month in July, the Ministry of Economy, Trade and Industry said on Friday.
That missed expectations for a decline of 1.1 percent following the 2.1 percent increase in June.
On a yearly basis, industrial production was down 0.9 percent.
Upon the release of the data, the METI maintained its assessment for industrial production, saying that it continues to fluctuate indecisively.
Shipments were down 2.5 percent on month and 2.1 percent on year, while inventories rose 0.8 percent on month but fell 2.5 percent on year. The inventory ratio was up 0.4 percent on month and 1.4 percent on year.
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Japan Private Sector Growth Weakest In 4 Months
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The Japanese central bank left its key interest rate unchanged on Friday, as expected, but surprised markets with a decision to reduce the holdings of its massive stock of exchange-traded funds, suggesting that the monetary policy normalization is underway. The Bank of Japan policy board, led by Governor Kazuo Ueda, voted 7-2 to hold the uncollateralized overnight call rate at around 0.5 percen
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Japan Inflation Slows To 2.7% On Year
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Japan July Current Account Surplus Y2.684 Trillion
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Japan Bank Lending Jumps 3.6% On Year In August
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Japan GDP Jumps 0.5% On Quarter In Q2
Japan's gross domestic product climbed a seasonally adjusted 0.5 percent on quarter in the second quarter of 2025, the Cabinet Office said on Monday.
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Japan Household Spending Jumps 1.7% In July
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