Japan Industrial Output Falls Less Than Initial Estimate

Japan's industrial production final data  revealed from the Ministry of Economy, Trade and Industry.Industrial production declined 1 percent in July from a month ago, revised from the initial estimate of 1.2 percent fall. 

 Yearly basis, industrial output fell 0.8 percent in July. 

The month-on-month decline in shipment was revised to 3.1 percent from 3.6 percent. 

At the same time, inventory growth was raised to 2.9 percent from 2.8 percent for July. 

In July, capacity utilization grew by a seasonally adjusted 0.5 percent on month, reversing a 2.3 percent drop in June.