30 October 2012 06:11 [Source: ICIS news]
This is a 4.9% decline from the corresponding period a year earlier, according to the METI.
The country’s output of plastics was down by 3.5% month on month and fell by 2.3% in September, the data showed.
Production of synthetic rubber in September increased by 1.1% from August, and rose by 1.4% from September 2011, based on the statistics.
Japan’s overall industrial production was down by 4.1% month on month, the third consecutive month of decrease, and fell by 8.1% year on year, according to the ministry.
“Industrial production is on a downward trend,” METI said in a statement.
Transport equipment, general machinery, and iron and steel were the industries that contributed to the decrease, the ministry said.
Japanese manufacturers expect the country’s industrial production to decline by 1.5% in October, but increase by 1.6% in November, according to METI’s monthly.
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