Japan's industrial output rises 0.5 pct. on month in October

Source: Xinhua| 2017-11-30 09:48:27|Editor: Yurou
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TOKYO, Nov. 30 (Xinhua) -- Japan's industrial production in October rose 0.5 percent from a month earlier, the Ministry of Economy, Trade and Industry said Thursday.

The seasonally adjusted index of output at factories and mines stood at 103.0 against the base of 100 for 2010, the ministry said in a preliminary report.

The smaller-than-expected rise in factory output in the recording period comes on the heels of a revised 1.0 percent decline in September, the ministry said.

Earlier polls by the ministry showed that manufacturers expected the output to rise 2.8 percent in November and 3.5 percent in December.

The index of industrial shipments, meanwhile, fell by 0.5 percent to 98.8 and that of inventories was up by 3.1 percent to 110.6, the ministry's data showed for the recording period.

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