TOKYO (dpa-AFX) - Japan's industrial output was revised to show steeper decline in August, final figures from the Ministry of Economy, Trade and Industry showed Wednesday.
Industrial production fell 1.9 percent month-over-month in August, which was faster than the 1.5 percent drop estimated earlier. In July, production had decreased 0.4 percent.
On a year-over-year basis, industrial output dropped 3.3 percent in September, exceeding the flash estimate for a 2.9 percent decrease. This follows the 0.7 percent fall in July.
Shipments fell 2.1 percent month-over-month after the 0.7 percent rise in July. Inventory declined 0.9 percent in August, the same rate as in July.
Overall capacity utilization slid 1.7 percent month-over-month in August after the 0.8 percent decline in July.
Copyright RTT News/dpa-AFX