In June, industrial production increased by 2.0 percent compared to the previous month, according to seasonally adjusted data. Economists had expected a 2.4 percent increase in production, which had fallen by 2.2 percent the previous month.
Japan’s industrial production increased by 2 percent in June compared to the previous month, falling below the 2.4 percent expected by economists.
The preliminary report also showed that on an annual basis, industrial output fell 0.4 percent, a sharp reversal from the 3.1 percent increase seen in May.
Japan’s ministry of economy, trade and industry said that the increase in June mainly contributed to the production of motor vehicles, electronic parts and devices, and machinery.