Industrial production fell 3.6% from the previous month in June, negative for the first time in 2 months due to car production cuts = Ministry of Economy, Trade and Industry

July 31, 2024 9:03 AM GMT+9 (some excerpts)

The June industrial production index bulletin announced by the Ministry of Economy, Trade and Industry on the 31st fell 3.6% from the previous month, which was negative for the first time in two months. The same 4.8% drop was expected in Reuters's preliminary prediction survey.
In addition to the impact of automobile production cuts, semiconductor manufacturing equipment, etc. also declined. The keynote judgment was left unchanged at “one step forward and one retreat but weak.”
The forecast index based on corporate production plans rose 6.5% from the previous month in July and 0.7% in August.