Japan Industrial Production m/m
Medium | 2.3% | 2.5% |
2.5%
|
|
Last release | Importance | Actual | Forecast |
Previous
|
1.2% |
2.3%
|
|||
Next release | Actual | Forecast |
Previous
|
Industrial Production is an indicator of activities of the mining and manufacturing industry announced by the Ministry of Economy, Trade and industry. It reflects changes in the production volume of the domestic industrial sector for the specified month compared to the previous month. This report contains data for all production sectors of Japan, including industry, mining, and energy.
The purpose of the index is to grasp the activities of production, shipping, and inventory activities at the domestic business sites that produce industrial products, the operating status of manufacturing industrial equipment, and trends in the production capacity of various equipment.
Industrial Production is one of the key indicators of Japanese economy, as Japan's GDP relies heavily on exports of industrial goods. Industrial production growth exceeding expectations may have a positive effect on Japanese yen. In addition, by grasping the production plan for the next month, it is possible to have a quick understanding of production activity trends in Japan.
Last values:
actual data
forecast
The chart of the entire available history of the "Japan Industrial Production m/m" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.