Industrial production in Japan fell by 0.1% in November

By: News Team

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Industrial production in Japan fell by 0.1% in November

Japan’s industrial production fell 0.1% in November from the previous month in what is the third consecutive month of decline, the government said Wednesday.

This contraction is preceded by a decline in the index of 3.2% in October and 1.7% in September, according to revised figures from the Japanese Ministry of Economy, Trade and Industry.

The industries that contributed the most to the decline in industrial production in the Asian country in November were general-purpose machinery, production machinery and organic and inorganic chemicals.

On the other hand, the industrial sectors whose production grew the most in the eleventh month of the year in the archipelago were chemical (excluding organic and inorganic products and medicines), plastic products and electrical machinery and electronic information and communications equipment.

According to data from a survey conducted by the Ministry with domestic companies, industrial production in Japan is expected to increase by 2.8% in December and fall by 0.6% in January.

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