Industrial production in Japan declined by 2.0% month-over-month in July 2023, compared with market forecasts of a 1.4% fall after a final 2.4% growth in the previous month, flash data showed. This was the third time of drop since the start of the year, mainly weighed by production machinery (-4.8% vs 0.3% in June), electronic parts and devices (-5.1% vs 6.8%), and electrical machinery, and information and communication equipment (-2.9% vs 1.5%). Onn a yearly basis, industrial output fell by 2.5% in July, compared with a flat reading in June. source: Ministry of Economy Trade & Industry (METI)
Industrial Production Mom in Japan averaged 0.37 percent from 1953 until 2023, reaching an all time high of 6.80 percent in May of 2011 and a record low of -16.50 percent in March of 2011. This page provides the latest reported value for - Japan Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Industrial Production MoM - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.