Japan Industrial Production MoM

Industrial production in Japan decreased by 2.3 percent month-on-month in May of 2016, compared to a 0.5 percent rise in April and market expectations of a 0.1 percent decline, preliminary figure showed. It was the largest drop since February, mainly due to lower shipments (-2.3 percent). In contrast, inventories and inventory ratio were up by 0.3 percent and 1.3 percent, respectively. On a yearly basis, industrial output fell 0.1 percent, compared to a 3.3 percent fall in April. Industrial Production Mom in Japan averaged 0.41 percent from 1953 until 2016, 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. Industrial Production Mom in Japan is reported by the Ministry of Economy, Trade and Industry, Japan. In Japan, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. 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.