TOKYO (AFX-ASIA) - Industrial output in May fell by 1.2 pct month-on-month, unchanged from the previous estimate, the Ministry of Economy, Trade and Industry said.
The ministry provided the following month-on-month breakdown of the May industrial data, compared with the previous estimate (and the April comparison):
Output - down 1.2 pct vs down 1.2 pct (down 2.0)
Shipments - flat vs flat (down 2.8)
Inventories - up 0.8 pct vs up 0.8 pct (up 2.2)
Plant utilisation in May was down 1.3 pct month-on-month, while production capacity was flat month-on-month, the ministry said.