Industrial production in Japan rose by 2.5 percent month-over-month in April 2021, after a final 1.7 percent gain a month earlier and compared with market consensus of a 4.1 percent rise, preliminary data showed. Industries that mainly contributed to the increased were general-purpose and business-oriented machinery (16.1 percent vs -4.9 percent in March), electrical machinery, and information and communication electronics equipment, and production machinery (10.9 percent vs -4.2 percent), and production machinery (7.8 percent vs -2.8 percent). On a yearly basis, industrial output jumped by 15.4 percent in April, accelerating sharply from a 3.4 percent growth in March. 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 6.90 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 June of 2021.
Industrial Production Mom in Japan is expected to be 2.90 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.