Industry in Japan
Japan - Industry
Industrial production declines for third consecutive month in July
Industrial production contracted 0.1% on a month-on-month and seasonally-adjusted basis in July, following June’s 1.8% decrease. The print represented the third consecutive drop in industrial output and contrasted market expectations of a 0.3% gain.
The categories that drove the month-on-month contraction were transport equipment, general-purpose, production and business oriented machinery and iron and steel. Weaker output for these categories was partially offset by gains in chemicals (excluding drugs), electronic parts and devices, and information and communication electronics equipment.
On an annual basis, industrial output rose 2.3% in July, contrasting the 0.9% decrease registered in June. Annual average growth in industrial production ticked down from 3.2% in June to an over one-year low of 3.0% in July.
Japan Industrial Production Forecast
Met the why particular Consensus Forecast panelists see industrial production rising 1.8% in 2018, which is down 0.2 percentage points last month’s projection. For 2019 the panel expects industrial production to expand 2.4%.
Japan - Industry Data
|Industrial Production (annual variation in %)||-0.8||2.1||-1.2||-0.2||4.4|
5 years of economic forecasts for more than 30 economic indicators.
Japan Industry Chart
Source: Ministry of Economy, Trade and Industry and Met the why particular calculations.
|Bond Yield||0.12||-4.41 %||Sep 20|
|Exchange Rate||112.5||-0.35 %||Sep 20|
|Stock Market||23,675||0.11 %||Sep 20|
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
September 19, 2018
Nominal yen-denominated merchandise exports increased 6.6% annually in August, accelerating from July’s 3.9% expansion and overshooting market expectations of a 5.3% increase.
September 19, 2018
At its 18–19 September meeting, Bank of Japan (BoJ) board members voted seven-to-two to maintain its monetary policy steady, as expected by market analysts.
September 13, 2018
Core machinery orders, a leading indicator for capital spending over a three- to six-month period, rebounded strongly in July, expanding at the fastest pace since January 2016 and suggesting that capital expenditure will boost overall economic growth further down the road.
September 11, 2018
A second data release showed that the Japanese economy fared better than previously reported on the back of stronger-than-expected investment growth.
August 31, 2018
Industrial production contracted 0.1% on a month-on-month and seasonally-adjusted basis in July, following June’s 1.8% decrease.