Japan Industrial Production Forecast 2-month Ahead m/m

Country:
Japan
JPY, Japanese yen
Sector:
Business
Low 7.5%
-6.9%
Last release Importance Actual Forecast
Previous
7.5%
Next release Actual Forecast
Previous
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The Industrial Production Index m/m measures the monthly output of manufacturing industry, while the forecast value shows the expected production level after two months. This forecast is prepared based on current production data for all sectors of Japan, including industry, mining and energy.

Ministry of Economy, Trade and Industry conducts a regular survey of production, during which it publishes 1-2 month ahead production forecast. Although this sector of the economy contributes to a small part of national GDP, industrial production is sensitive to rates and consumer demand. Thus, a 2-month ahead forecast of industrial production allows predicting future changes in the GDP.

The purpose of the monthly production forecast is to prepare basis for the calculation of planned production volumes for the current and the next months. This indicator can reflect changing business conditions and provide an idea of where the economy will move in the near future.

Since production demonstrates the economy state, a positive forecast is considered a positive factor for the entire economy and for the Japanese yen quotes. Conversely, a negative forecast can mean a slowdown in the national economy development and have an adverse effect on the national currency.

Last values:

actual data

The chart of the entire available history of the "Japan Industrial Production Forecast 2-month Ahead m/m" macroeconomic indicator.

Date (GMT)
Reference
Actual
Forecast
Previous
Apr 2020
7.5%
-6.9%
Mar 2020
-6.9%
4.1%
Feb 2020
4.1%
2.5%
Jan 2020
2.5%
1.1%
Dec 2019
1.1%
-1.2%
Nov 2019
-1.2%
-0.5%
Oct 2019
-0.5%
-1.6%
Sep 2019
-1.6%
0.6%
Aug 2019
0.6%
0.3%
Jul 2019
0.3%
-4.2%
Jun 2019
-4.2%
3.6%
May 2019
3.6%
1.1%
Apr 2019
1.1%
-1.6%
Mar 2019
-1.6%
2.6%
Feb 2019
2.6%
-0.8%
Jan 2019
-0.8%
2.2%
Dec 2018
2.2%
-0.8%
Nov 2018
-0.8%
1.7%
Oct 2018
1.7%
0.5%
Sep 2018
0.5%
3.8%
Aug 2018
3.8%
0.8%
Jul 2018
0.8%
-0.8%
Jun 2018
-0.8%
-1.6%
May 2018
-1.6%
5.2%
Apr 2018
5.2%
-2.7%
Mar 2018
-2.7%
5.7%
Feb 2018
5.7%
-4.5%
Jan 2018
-4.5%
3.5%
Dec 2017
3.5%
-0.9%
Nov 2017
-0.9%
3.5%
Oct 2017
3.5%
-3.1%
Sep 2017
-3.1%
3.6%
Aug 2017
3.6%
-0.1%
Jul 2017
-0.1%
1.8%
Jun 2017
1.8%
-3.7%
May 2017
-3.7%
8.3%
Apr 2017
8.3%
-5.0%
Mar 2017
-5.0%
0.8%
Feb 2017
0.8%
2.2%
Jan 2017
2.2%
-0.6%
Dec 2016
-0.6%
2.1%
Nov 2016
2.1%
1.2%
Oct 2016
1.2%
-0.7%
Sep 2016
-0.7%
2.3%
Aug 2016
2.3%
1.3%
Jul 2016
1.3%
0.3%
Jun 2016
0.3%
-2.3%
May 2016
-2.3%
5.3%
Apr 2016
5.3%
3.1%
Mar 2016
3.1%
-4.1%

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