RTTNews reports that the Ministry of Economy, Trade and Industry said that Japan industrial production rose more than estimated in January.

Industrial production increased a seasonally adjusted 4.3 percent month-on-month in January. In the initial estimate, output rose 4.2 percent.

Inventories remained unchanged month-on-month in January. According to the initial estimate, inventories fell 0.2 percent.

The inventory ratio declined 5.7 percent in January versus a 6.3 percent fall in the initial estimate.

On a yearly basis, industrial production decreased 5.2 percent in January. According to the initial estimate, output fell 5.3 percent.