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Japanese industrial production up in October, final data confirms

Japanese industrial production rose by a seasonally adjusted 0.5% month over month in October, after a 1.0% monthly decline in September, final data from the Ministry of Economy, Trade and Industry showed.

In annual, unadjusted terms, growth was confirmed at 5.9%.

Monthly inventory growth was revised up to 3.2% from a 3.1% preliminary estimate and a decline in shipments was revised to negative 0.4% from negative 0.5% estimated previously.