Industry in Japan

Japan Industry | Economic News & Forecasts

Japan - Industry

Industrial production contracts in March

Industrial production in Japan fell 2.1% in March compared to the previous month in seasonally-adjusted terms, contrasting February’s eight-month high of a 3.3% increase. March’s mark undershot analysts’ expectations of a 1.0% drop.

According to the Ministry of Economy, Trade and Industry, March’s decline in industrial production was driven by the general-purpose, production and business-oriented machinery, electronic parts and devices and transport equipment categories, while the production of pulp, paper and paper products, information and communication electronics equipment and non-ferrous metals grew.

On an annual basis, industrial output rose 3.3% in March, coming in below February’s 4.7% increase. Annual average growth in industrial production ticked up from 0.8% in February to 1.1% in March.

The Survey of Production Forecast showed that manufacturers are becoming more pessimistic. They now expect industrial output to have recorded a 8.9% monthly increase in April, below the 9.8% rise forecast in the previous month’s survey. Manufacturers expect a 3.7% decline in March.

FocusEconomics Consensus Forecast panelists see industrial production rising 1.8% in 2017, which is up 0.2 percentage points from the previous month’s forecast. For 2018, the panel expects industrial production to expand 1.5%.

Japan - Industry Data

2011  2012  2013  2014  2015  
Industrial Production (annual variation in %)-2.6  0.2  -0.6  2.1  -1.2  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Japan Industry Chart

Japan Industry
Note: Annual variation of industrial production in %.
Source: Ministry of Economy, Trade and Industry and FocusEconomics calculations.

Japan Facts

Bond Yield0.0422.86 %May 10
Exchange Rate114.30.26 %May 10
Stock Market19,9000.29 %May 10

Sample Report

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.

Sign Up

Economic News

Search form