Japan's chemical production increases 1.4% month on month

28 December 2010 05:07  [Source: ICIS news]

TOKYO (ICIS)--Japan’s chemical production rose 1.4% in November compared with the previous month, while it was an increase of 1.9% from the same time a year before, according to official data released by the Ministry of Economy, Trade and Industry (METI) on Tuesday.

November’s index for Japan’s chemical output excluding drugs was 93.3, up from 92 in October, with 100 being the figure for average production in 2005, according to METI.

The index of chemical output in November 2009 was 91.6, data showed.

Japan’s overall industrial production in November 2010 was 91.8, a 1% increase from the previous month and a 5.8% increase from the same time a year earlier, according to METI.

November was the first month-on-month increase since May, the ministry said in a statement.

The main contributors to the increase were the transport equipment, electronic parts and devices, and other manufacturing industries, METI said.

METI said that Japan’s overall industrial production was expected to increase 3.4% in December 2010 month on month and 3.7% in January 2011.

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By: Tomomi Yokomura
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