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Japan's industrial production index rises in October

Japan's seasonally adjusted industrial production index rose 2.9% to 105.9 in October from the prior month, data from the Ministry of Economy, Trade and Industry showed.

Shipments in October gained 3.5% from the previous month. The index for inventories dropped 1.3% to 101.3 in October month over month, while the inventory ratio slipped 0.5%.

The original industrial production index increased 4.2% year over year to 109.4 in October.