Japanese Industrial Output Declines In October

(RTTNews) - Japanese industrial production declined 2% month-on-month in October, the Ministry of Economy, Trade and Industry said Tuesday. The decline for October was revised from 1.8% fall estimated initially. On a yearly comparison, it grew 4.3%.

The capacity utilization dropped by a seasonally adjusted 2.3% in October from the previous month after recording a 1.1% fall in September. On an unadjusted basis, it dipped 6.5% from September and grew 6.1% annually.