Japan: Industrial output grows at best pace in six months in January
February 26, 2021
Industrial output rose 4.2% in month-on-month seasonally-adjusted terms in January, which contrasted December's 1.0% decrease.
On an annual basis, factory output dropped 5.3% in January (December: -2.6% yoy). Moreover, the trend pointed down, with the annual average variation of industrial production coming in at minus 10.3% in January, down from December's minus 10.0% reading.
Author: Stephen Vogado, Economist