2ND LD: Japan's Oct. industrial output rises 1.5% on month+.TOKYO, Nov. 29 Kyodo (EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. : UPDATING WITH MITI'S DATA CORRECTIONS IN 5TH AND 6TH PARAS) Japan's industrial production rose a seasonally adjusted Seasonally adjusted Mathematically adjusted by moderating a macroeconomic indicator (e.g., oil prices/imports) so that relative comparisons can be drawn from month to month all year. 1.5% in October from the previous month, following a 3.4% downturn in September, the Ministry of International Trade and Industry The Ministry of International Trade and Industry (通商産業省 Tsūsho-sangyō-shō or MITI) was one of the most powerful agencies in the Japanese government. said Wednesday. The closely watched index of output at the nation's mining and manufacturing industries manufacturing industries npl → industrias fpl manufactureras manufacturing industries npl → industries fpl de transformation came to 106.3 against the 1995 base of 100, the ministry said in a preliminary report. The ministry maintained its rosy ros·y adj. ros·i·er, ros·i·est 1. a. Having the characteristic pink or red color of a rose. b. Flushed with a healthy glow: rosy cheeks. 2. assessment of production activity for the third month running, saying it remains ''on a trend of improvement.'' Based on a survey of major manufacturers, the ministry said it expects industrial production to grow by 0.1% in November and 1.0% in December. The ministry said October production gained ground in the electrical machinery and transport machinery sectors, among others, noting output of personal computers racked up high growth. On the other hand, production weakened in general machinery, though output of equipment used to produce semiconductors was active. Production in chemical and steel industries was also sluggish. The index of shipments edged up 0.8% to 107.8, versus a 3.6% decline in September, whereas the index of inventories increased 1.3% to 95.9, compared with a 1.0% fall in the preceding month. The index of the inventory-to-sales ratio, a measure of supply and demand conditions, rose 2.0% to 101.0, following a 3.1% advance in the prior month, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the ministry. |
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