Industry in Japan

Japan Industry | Economic News & Forecasts

Japan - Industry

Industrial production remains weak in March

Industrial production decreased 3.7% in March on a month-on-month and seasonally-adjusted basis, after falling 0.3% in February. This steeper decline was driven by falling output of motor vehicles and production machinery.

On an annual basis, industrial production fell 5.2% in March, after decreasing 5.7% in February. The annual average variation in industrial production was minus 3.7% in March (January: -3.6%).

FocusEconomics Consensus Forecast panelists see industrial production decreasing 8.4% in 2020, which is down 7.3 percentage points over the previous month’s projection. In 2021, the panel sees industrial production recovering 1.9%.

Japan - Industry Data

2015   2016   2017   2018   2019  
Industrial Production (annual variation in %)-1.1  0.0  3.1  1.1  -3.0  

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Japan Industry Chart

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

Japan Facts

Value Change Date
Bond Yield-0.02-4.41 %Dec 30
Exchange Rate108.7-0.35 %Jan 01

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