RTTNews - Industrial production in Japan grew a seasonally adjusted 5.7% month-on-month in May, revised down from a 5.9% rise reported on June 28, Ministry of Economy, Trade and Industry said Monday.

Shipments increased 4.8%, revised up from a 4.5% rise, while inventory fell a revised 0.7% compared to a 0.6% drop reported initially.

On an annual basis, industrial output was down an unadjusted 29.5% in May, confirming the int ital estimates. Shipments fell 30%, while inventory declined a revised 8.4% compared to a 8.3% fall reported earlier.

The operating ratio rose a seasonally adjusted 8% month-on-month, but based on the original index, the ratio climbed 3.4%. Annually, the operating ratio was down an unadjusted 32.5%.

The production capacity was down an unadjusted 0.2% on a monthly basis, and declined 1.1% on an annual basis in May.

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