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Japan's July industrial production disappoints

LOS ANGELES (MarketWatch)
Japan's industrial production rose a seasonally adjusted 0.6% in July, the Ministry of Economy, Trade and Industry said Wednesday.
The result was well below an average forecast for a 1.5% rise from a Nikkei and Dow Jones Newswires survey.
The ministry's regular survey of manufacturing also showed firms expect industrial output to rise 2.8% in August, up from a previous forecast of 2.0% last month, but to fall 2.4% in September. However, the ministry said "industrial production is on a recovery trend after the Great East Japan Earthquake" of March, citing rises for shipments and inventory ratios, along with a fall in inventories
Posted by geniopolis.net at miércoles, agosto 31, 2011

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