JAPAN'S MINE, INDUSTRY OUTPUT FELL IN JULY

JAPAN'S MINE, INDUSTRY OUTPUT FELL IN JULY

Japan's seasonally adjusted industrial and mining production index was 92.6 (1990 equals 100) in July, down 2.4 percent from June, the Ministry of International Trade and Industry said Thursday.

The decline follows a 0.7 percent month-on-month fall in June.MITI also said its survey showed that producers expected output to rise 4.0 percent in August from July, after seasonal adjustment, and then to fall 4.3 percent in September.

MITI polls major makers of 141 key industrial products around the 10th of each month on their production plans for the coming two months.

In its July report, MITI said: "Japan industrial output has remained weak recently." The assessment was slightly changed from its June report, in which it said: "Production, which had showed gradual increases so far, is now stalling."

Meanwhile, production of nonferrous metals was down an adjusted 2.1 percent on the month in July.