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Japan’s industrial production inched up a seasonally adjusted 0.1 per cent in November from the previous month for the third consecutive month of rise, the Government said on Friday.
The figure, which was slightly below the 0.3-per-cent rise predicted by analysts polled by the Nikkei business daily, followed a 1.0-per-cent increase in October.
The Ministry of Economy, Trade and Industry maintained its basic assessment, saying “industrial production continues to show an upward movement’’.
The index of production at factories and mines stood at 99.4 against a baseline of 100 for 2005, the Ministry said.
Chemicals, transport equipment, and information electronics equipment industries contributed to the bulk of the rise in November, it said.
Manufacturers surveyed by the Ministry expected industrial output to rise 2.8 per cent in December and jump 4.6 per cent in January.
The index of industrial shipments edged down 0.1 per cent in November from the previous month to 99.0, and that of industrial inventories fell 1.9 per cent to 106.0, the Ministry said.
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