Tokyo, Jan 31 (SocialNews.XYZ) Japan's industrial output dropped in December 2021 from a month earlier, the government said in a report on Monday.
According to the Ministry of Economy, Trade and Industry (METI), the country's factory output fell 1.0 per cent in December from the previous month, reports Xinhua news agency.
The preliminary report showed that the index of production at factories and mines stood at 96.5 against the 2015 base of 100, with the reading coming on the heels of a downwardly revised 7.0 per cent increase booked in November.
The index of industrial shipments, meanwhile, shed 0.1 per cent to 95.2, while inventories booked an uptick of 0.5 per cent at 101.2, METI said.
The Ministry now expects industrial output to jump 5.2 per cent in January and climb 2.2 per cent in February based on a poll of manufacturers.
Source: IANS
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz