Japan factory output falls 1.6% in August, more than previously shown
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Picture taken on May 11, 2012 shows workers checking paints and bodies of Toyota Motor's best selling car "Corolla" at a plant of the company's subsidiary Central Motor at Ohira village in Miyagi prefecture, northern Japan. Japan's factory output in August fell by a revised 1.6 percent from the previous month. -- PHOTO: AFP
TOKYO (AFP) - Japan's factory output in August fell by a revised 1.6 percent from the previous month, the industry ministry said on Monday.
The decline, mainly due to slowdowns in output of electric devices as well as chemical and telecommunications goods, was much sharper than a 1.3 percent fall unveiled in preliminary data, the ministry said.
It also said the nation's shipments in August rose by a revised 0.2 percent, compared with a 0.4 percent gain announced earlier, while inventories fell a 1.6 percent, unchanged from earlier estimates.
