Industrial production in Japan declined by 1.8% month-over-month in July 2023, compared with flash data of a 2.0% fall and after a final 2.4% growth in the previous month. This was the third time of drop since the start of the year, mainly weighed by production machinery (-4.8% vs 0.3% in June), electronic parts and devices (-5.1% vs 6.8%), and electrical machinery, and information and communication equipment (-3.3% vs 1.5%). On a yearly basis, industrial output fell by 2.3% in July, compared with a flat reading in June.
Source: Trading Economics
Post by: Republic of Türkiye Ministry of Trade