Japan's Ministry of Economy, Trade and Industry released its final industrial production data on Monday. Final industrial production in Japan declined 1.7% in December, down from the preliminary estimate of a 1.4% drop, after a 0.9% decrease in November.

Industrial shipments slid 1.8% in December, down from the preliminary estimate of a 1.7% fall, while inventories rose 0.4%, in line with the preliminary estimate.

On a yearly basis, Japan's industrial production was down 1.9% in December, after a 1.7% rise in November.