November 15, 2019

Industrial Production Japan

A recovery, but still too small to dispel the fear of a recession

Published monthly by the Ministry of Economy, Trade, and Industry. Updated until the month of September 2019 (published on November 15th, 2019).

Recent data trend:

After three months of a plunge, industrial output in Japan recovered somewhat in February 2019, expanding by 0.7% month on month (MoM). The recovery is still small compared with the 3.6% slump in the preceding three months. The recovery in the industrial output in February is in line with the recovery in custom cleared exports in the same month. The Ministry of Economy, Trade and Industry (METI), the ministry responsible for the statistics predicts the industrial output to manage to expand ...

To read more, please become a our Standard subscriber.

Start a subscription with 30-days Free Trial

If you are already a JMA subscriber please

Brief overview of “Industrial production”

Industrial production is one of the key indicators to measure the performance of the Japanese economy. It also deserves special attention as it has a high correlation to the Japanese stock market. Its monthly report contains other statistics such as inventory, inventory to shipment ratio as well as a survey result for manufacturers’ production plans for the subsequent 2 months.

For more information, visit the official government page

Quarterly Industrial Production and GDP


Source: METI, JMA

The Next Release Date:   November 29th, 2019 (Preliminary October data)

                                              December 13th, 2019 (Final October data)                                    












Suggested Pages

Japan Corporate Profits

The profitability of Japan Inc. continued to deteriorate in the last quarter of 2018. According to the quarterly Corporate Statistics, operating profits of Japanese companies fell by 6.7% quarter on

View Page

Japan Gross Domestic Product

According to the Cabinet Office''s preliminary estimate published on May 20, the Japanese economy grew by 0.5% quarter on quarter (QoQ) in the January-March quarter. The result was a positive surprise

View Page

Japan Machinery Orders

Core machinery orders, a leading indicator of domestic capital expenditure activity in Japan, expanded by 7.6% month on month in October. While the expansion is welcome, its strength was insufficient

View Page

Consumption Activity Index

Real consumption activity grew by 0.2% month on month (MoM) in January 2019.The rate of growth was rather unremarkable, but the news was a positive surprise, given the 2.3% MoM drop in retail sales i

View Page