Financial thoughts

Japan's factory production rose in February, revised Trade Ministry figures showed today, after the government initially said output declined.

Industrial production increased 1.6 percent from a month earlier, compared with an earlier estimate of a 1.2 percent drop, after the government changed its measuring criteria. The new index showed January output fell 0.5 percent, less than an earlier estimate of a 2.2 percent drop faxless payday loans.

The revision was mainly the result of two adjustments to the index: the base year was changed from 2000 to 2005, and the relative weighting of items in the index was adjusted to reflect current production patterns. The Trade Ministry adjusts the index every five years.

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