Thursday, October 23, 2014   

Japan factory output up in March
(04-30 11:35)

Japan's industrial production in March rose 0.3 percent from the previous month, the government said Wednesday.
The Ministry of Economy, Trade and Industry attributed the rise to those automakers who tried to recoup their fall in output following record heavy snowfall in February.
The index of output at factories and mines stood at 101.8 against the base of 100 for 2010, the ministry said in a preliminary report, saying it "continues to show upward movement."
By sector, output by transport equipment makers gained 3.1 percent, recovering from a 5.8 percent drop logged a month before, while production by electronic parts and devices makers also increased 5.5 percent in the reporting period.
The index of industrial shipments shed 1.2 percent to 102.2 while that of inventories went up 1.8 percent to 106.1.   
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