Industry in Japan
Japan - Industry
Industrial production sharply rebounds in October, recovering from natural disaster disruptions
Industrial production shot up 2.9% on a month-on-month and seasonally-adjusted basis in October, contrasting September’s revised 0.4% decline (previously reported: -1.1% month-on-month)—which came on the back of a wave of natural disasters that hit the country in the month. The print vastly exceeded the 1.2% rise expected by market analysts, and marked the best monthly performance since January 2015, though it was mostly due to a particularly low base effect.
The categories that drove the month-on-month increase were general-purpose and business-oriented machinery; electronic parts and devices; and motor vehicles. Higher output for these categories was partially offset by decreases in production machinery and petroleum and coal products.
On an annual basis, industrial output rose 4.2% in October, contrasting the 2.5% fall logged in September. Annual average growth in industrial production was stable at September’s 1.5% in October, the lowest level registered since April 2017.
Japan Industrial Production Forecast
FocusEconomics Consensus Forecast panelists see industrial production rising 2.0% in 2019, which is down 0.3 percentage points over the previous month’s projection. For 2020 the panel expects industrial production to expand 1.3%.
Japan - Industry Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | -0.8 | 2.1 | -1.2 | -0.2 | 4.4 |
Japan Industry Chart
Source: Ministry of Economy, Trade and Industry and FocusEconomics calculations.
Japan Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.08 | -4.41 % | Nov 29 |
| Exchange Rate | 113.5 | -0.35 % | Nov 29 |
| Stock Market | 22,263 | 0.40 % | Nov 29 |
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.
Economic News
Japan: Industrial production sharply rebounds in October, recovering from natural disaster disruptions
November 30, 2018
Industrial production shot up 2.9% on a month-on-month and seasonally-adjusted basis in October, contrasting September’s revised 0.4% decline (previously reported: -1.1% month-on-month)—which came on the back of a wave of natural disasters that hit the country in the month.
Japan: Consumer confidence inches down in November
November 30, 2018
Consumer sentiment decreased from 43.0 in October to 42.9 in November, marking the lowest reading since December 2016.
Japan: Manufacturing PMI falls to two-year low in November on new orders decline
November 23, 2018
The Nikkei flash manufacturing Purchasing Managers’ Index (PMI) fell from October’s six-month high reading of 52.9 to 51.8.
Japan: Core inflation stable in October
November 22, 2018
The core consumer price index rose 0.2% in month-on-month seasonally-adjusted terms in October, above September’s 0.1% increase. Core inflation was stable at September’s 1.0% in October, matching a median market forecast.
Japan: Exports rebound in October as the economy recovers from natural disasters
November 19, 2018
Nominal yen-denominated merchandise exports rose 8.2% year-on-year in October, contrasting the 1.3% decrease in September.
© Copyright: 2018 | Japan Industry | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed ...
