Industrial production in Japan dropped 2.1 percent month-over-month in February 2021, more than an expected 1.2 percent fall and following a 4.3 percent increase a month earlier, a preliminary estimate showed. The industries that mainly contributed to the decline were motor vehicles (-8.8 percent vs 3.5 percent in January), electrical machinery, and information and communication electronics equipment (-2.9 percent vs 7.6 percent), and chemicals, excluding inorganic, organic chemicals, and medicine (-2.7 percent vs 2.5 percent). On a yearly basis, industrial output fell 2.6 percent in February, after a 5.2 percent decrease in January. source: Ministry of Economy Trade & Industry (METI)

Industrial Production Mom in Japan averaged 0.39 percent from 1953 until 2021, reaching an all time high of 8.70 percent in July of 2020 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 April of 2021.

Industrial Production Mom in Japan is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in Japan to stand at 1.10 in 12 months time. In the long-term, the Japan Industrial Production MoM is projected to trend around 1.10 percent in 2022 and 0.10 percent in 2023, according to our econometric models.

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Japan Industrial Production MoM

Actual Previous Highest Lowest Dates Unit Frequency
-2.10 4.30 8.70 -16.50 1953 - 2021 percent Monthly
2015=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2021-02-15 04:30 AM Industrial Production MoM Final Dec -1% -0.5% -1.6% -1.6%
2021-02-25 11:50 PM Industrial Production MoM Prel Jan 4.2% -1% 4% 3%
2021-03-16 04:30 AM Industrial Production MoM Final Jan 4.3% -1% 4.2%
2021-03-30 11:50 PM Industrial Production MoM Prel Feb -2.1% 4.3% -1.2% -0.9%
2021-04-19 04:30 AM Industrial Production MoM Final Feb 4.3% -2.1% -2.1%
2021-04-29 11:50 PM Industrial Production MoM Prel Mar
2021-05-19 04:30 AM Industrial Production MoM Final Mar
2021-05-28 11:50 PM Industrial Production MoM Prel Apr


News Stream
Japan Industrial Output Falls More than Forecast
Industrial production in Japan dropped 2.1 percent month-over-month in February 2021, more than an expected 1.2 percent fall and following a 4.3 percent increase a month earlier, a preliminary estimate showed. The industries that mainly contributed to the decline were motor vehicles (-8.8 percent vs 3.5 percent in January), electrical machinery, and information and communication electronics equipment (-2.9 percent vs 7.6 percent), and chemicals, excluding inorganic, organic chemicals, and medicine (-2.7 percent vs 2.5 percent). On a yearly basis, industrial output fell 2.6 percent in February, after a 5.2 percent decrease in January.
2021-03-31
Japan Industrial Output Growth Revised Up to 4.3%
Industrial output in Japan surged 4.3 percent month-over-month in January of 2021, compared with a preliminary estimate of a 4.2 percent rise, recovering sharply from a 1.0 percent fall in December 2020. It was the strongest growth in industrial production since July of 2020, as output rebounded sharply for general-purpose and business-oriented machinery (11.6 percent vs -11.4 percent in December), electrical machinery, and information and communication electronics equipment (7.6 percent vs -0.5 percent), while output of electronic parts and devices grew much more (10.3 percent vs 0.7 percent). On a yearly basis, industrial production decreased 5.2 percent in January, the steepest yearly decline since last September, after a 2.6 percent drop in the prior month.
2021-03-16
Japan Industrial Output Rises the Most Since July
Industrial output in Japan jumped 4.2 percent month-over-month in January of 2021, following a 1.0 percent decline in December and above market expectations of a 4.0 percent expansion, a preliminary estimate showed. It was the highest reading since July of 2020, as output increased for general-purpose and business-oriented machinery (7.4 percent vs -0.2 percent in December) and electronic parts and devices (8.8 percent vs 0.8 percent). On a yearly basis, industrial production declined 5.3 percent in January, after a 2.6 percent drop in the prior month.
2021-02-26
Japan Industrial Output Drops Less than Initially Thought
Industrial output in Japan fell 1.0 percent month-on-month in December, compared with the preliminary estimate of 1.6 percent drop. This was the second straight month of output contraction, due to decreases in general-purpose and business oriented machinery (-11.4 percent vs 4.8 percent), motor vehicles (-3.0 percent vs -4.5 percent), and electrical machinery, and information and communication electronics equipment (-0.5 percent vs 0.9 percent). By contrast, the production of inorganic and organic chemicals increased 2.2 percent (vs -1.8 percent in November). On an annual basis, industrial production dropped by 2.6 percent in December, after a 3.9 percent fall in November.
2021-02-15

Japan Industrial Production MoM
In Japan, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.