Japan's industrial production declined 3.1 percent in June from a month ago, final data from the Ministry of Economy, Trade and Industry showed Monday. The monthly rate was revised from the previous estimate of 3.3 percent decrease.

On a yearly basis, industrial output was down 4.6 percent in June.

According to final data, shipments dropped 3.2 percent, while inventories remained flat on month in June. The inventory ratio grew by 5.9 percent.

At the same time, the capacity utilization logged a month-on-month decrease of 2.3 percent, offsetting the 2.3 percent increase seen in May.