Japan Industry


Japan: Industrial production continues to rise in January

February 29, 2012

In January, industrial production rose 2.0% over the previous month in seasonally adjusted terms, following on from December's strong 3.8% expansion. Moreover, the print overshot market expectations that had factory output increasing 1.5%. On an annual basis, although industrial production declined 1.2% in January, it was still above both the 4.3% contraction recorded in the previous month and the 1.6% drop expected by the market. According to the Ministry of Economy, Trade and Industry, the monthly increase was mainly driven by strong gains in transport equipment and general machinery, information and communication electronics equipment, and iron and steel production. On the downside, the electronic parts and devices category declined. Meanwhile, the government upgraded its assessment on Japan's industrial production for the first time since May last year, citing ?signs of an upward movement.? Analysts reckon that industrial production benefited as supply chain disruptions, caused by the devastating floods in Thailand late last year, began to recede. According to the Survey of Production Forecast, manufacturers are more upbeat and see industrial output expanding 1.7% in February, up from the 1.5% rise expected in the previous month's survey. A 1.7% increase is also expected in March.


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Japan Economic News

  • Japan: Machinery orders decline in May

    July 11, 2018

    Although core machinery orders—a leading indicator of capital spending over a three- to six-month period—contracted in May, the fall was weaker-than-expected, suggesting that capital expenditure will gain steam further down the road.

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  • Japan: Business confidence weakens in Q2

    July 2, 2018

    According to the Bank of Japan’s quarterly Tankan business survey, sentiment among large manufacturers fell in the second quarter of 2018, suggesting economic momentum has yet to gain traction following a weak first quarter.

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  • Japan: Consumer confidence declines marginally in June

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    Consumer sentiment inched down to 43.7 in June from 43.8 in May, coming in just below market expectations of a stable print.

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  • Japan: Industrial production falls in May

    June 29, 2018

    Industrial production contracted 0.2% on a month-on-month and seasonally-adjusted basis in May, contrasting April’s revised 0.5% increase (previously reported: +0.3% month-on-month).

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  • Japan: Core inflation stable in May

    June 22, 2018

    The core consumer price index rose 0.1% in month-on-month seasonally-adjusted terms in May, reversing April’s 0.1% fall. Core inflation was steady at 0.7% in May, unchanged from April and in line with market expectations.

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