Japan Jan. Preliminary Industrial Output: Summary (Table)

By Shizuka Muragishi

Feb. 27 (Bloomberg) -- Following is a summary of preliminary industrial output from the Ministry of Economy, Trade and Industry.

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                  Jan.    Dec.   Nov.    Oct.    Sept.   Aug.    July    June
                  2009    2008   2008    2008    2008    2008    2008    2008
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                ------------------Month-on-Month Percent Change---------------
Production        -10.0%  -9.8%   -8.5%   -3.1%    1.1%   -3.5%    1.3%   -2.2%
Shipments         -11.4%  -8.1%   -8.4%   -3.0%    0.4%   -3.7%    1.9%   -3.0%
Inventories        -2.0%   0.1%    0.8%    1.8%    2.0%   -0.3%   -0.1%    1.1%
Inventory ratio    11.6%   6.5%   12.9%    3.9%   -0.6%    7.7%   -3.6%    3.8%
                -------------------Three Month Moving Average----------------
Production        -18.7% -12.0%   -5.7%   -3.7%   -1.3%   -0.7%    0.5%   -0.8%
Shipments         -18.2% -11.8%   -6.2%   -4.2%   -1.8%   -1.4%   -0.1%   -1.0%
Inventories         2.0%   3.6%    3.2%    2.0%    1.3%    0.9%    0.4%   -0.4%
Inventory ratio    25.3%  17.6%   10.3%    7.3%    3.6%    2.4%    0.9%    1.4%
                -------------------Year-on-Year Percent Change----------------
Production        -30.8% -20.8%  -16.6%   -7.1%    0.2%   -6.9%    2.4%    0.0%
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                  Jan.    Dec.   Nov.    Oct.    Sept.   Aug.    July    June
                  2009    2008   2008    2008    2008    2008    2008    2008
===============================================================================
Shipments         -31.6% -20.6%  -17.0%   -7.3%   -0.6%   -6.8%    3.1%   -0.6%
Inventories         2.8%   4.7%    4.3%    4.4%    3.2%    1.7%    2.2%    2.7%
Inventory ratio    51.3%  33.4%   25.6%   13.6%    4.7%    9.5%    1.3%    4.0%
                -----------------Seasonally Adjusted Index Level--------------
Production          76.0   84.4    93.6   102.3   105.6   104.5   108.3   106.9
Shipments           76.1   85.9    93.5   102.1   105.3   104.9   108.9   106.9
Inventories        108.3  110.5   110.4   109.5   107.6   105.5   105.8   105.9
Inventory ratio    150.9  135.2   127.0   112.5   108.3   109.0   101.2   105.0
                ----------------------Unadjusted Index Level-------------------
Production          70.2   86.9    94.3   105.4   109.8    95.8   110.7   108.9
Shipments           69.8   89.7    93.4   103.4   111.2    96.3   110.5   108.7
Inventories        110.6  108.9   113.1   110.1   104.9   106.5   107.2   106.2
Inventory ratio    168.4  131.3   126.4   111.4   101.9   115.9   102.2   103.0
===============================================================================

NOTE: Month-on-month changes are based on seasonally adjusted data. Year-on-year changes are based on unadjusted data. Index: 2005=100

SOURCE: Ministry of Economy, Trade and Industry

http://www.meti.go.jp

To contact the reporter on this story: Shizuka Muragishi in Tokyo at smuragishi@bloomberg.net