In July this year, Japan's seasonally adjusted industrial production decreased one percent from the previous month, while the original index indicated a decrease of 0.8 percent compared to the same month last year.
According to the revised Indices of Industrial Production report published by Japan's Ministry of Economy, Trade and Industry, in July the Japanese iron and steel production index increased two percent year on year, while Japan's seasonally adjusted iron and steel production index decreased one percent in July compared to June. Meanwhile, in July Japanese producers' iron and steel shipments rose by 1.7 percent and iron and steel inventories were down by 1.5 percent, both compared to the previous month.
In July, the seasonally adjusted crude steel production index including semi-finished steel in Japan decreased by 1.3 percent compared to the previous month and was up by one percent on year-on-year basis. Producers' crude steel shipments in July were down by 8.4 percent compared to the previous month and down 0.5 percent compared to the same month last year.