Industrial production in Japan declined by 8.4 percent month-over-month in May 2020, compared with market consensus of a 5.6 percent drop, and after a 9.8 percent plunge a month earlier, a preliminary reading showed. This was the fourth straight month of fall in industrial output as businesses stopped their operations due to the ongoing COVID-19 outbreak. The largest contributors to the decrease were motor vehicles (-23.2 percent vs -36.6 percent in April), production machinery (-12 percent vs 4.1 percent), and iron, steel, and non-ferrous metals (-13.8 percent vs -15 percent). On an annual basis, industrial output plunged 25.9 percent in May, the most since September of 2009, after a 15 percent fall in April.

Industrial Production Mom in Japan averaged 0.37 percent from 1953 until 2020, 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 July of 2020. source: Ministry of Economy Trade & Industry (METI)

Industrial Production Mom in Japan is expected to be 0.50 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 0.10 in 12 months time. In the long-term, the Japan Industrial Production MoM is projected to trend around 0.10 percent in 2021, according to our econometric models.

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Japan Industrial Production MoM

Actual Previous Highest Lowest Dates Unit Frequency
-8.40 -9.80 6.80 -16.50 1953 - 2020 percent Monthly
2015=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-05-19 04:30 AM Industrial Production MoM Final Mar -3.7% -0.3% -3.7% -3.7%
2020-05-28 11:50 PM Industrial Production MoM Prel Apr -9.1% -3.7% -5.1% -6.2%
2020-06-12 04:30 AM Industrial Production MoM Final Apr -9.8% -3.7% -9.1% -9.1%
2020-06-29 11:50 PM Industrial Production MoM Prel May -8.4% -9.8% -5.6% -6%
2020-07-14 04:30 AM Industrial Production MoM Final May -9.8%
2020-07-30 11:50 PM Industrial Production MoM Prel Jun 0.5%
2020-08-17 04:30 AM Industrial Production MoM Final Jun 0.5%
2020-08-30 11:50 PM Industrial Production MoM Prel Jul


News Stream
Japan Industrial Output Drops More than Expected
Industrial production in Japan declined by 8.4 percent month-over-month in May 2020, compared with market consensus of a 5.6 percent drop, and after a 9.8 percent plunge a month earlier, a preliminary reading showed. This was the fourth straight month of fall in industrial output as businesses stopped their operations due to the ongoing COVID-19 outbreak. The largest contributors to the decrease were motor vehicles (-23.2 percent vs -36.6 percent in April), production machinery (-12 percent vs 4.1 percent), and iron, steel, and non-ferrous metals (-13.8 percent vs -15 percent). On an annual basis, industrial output plunged 25.9 percent in May, the most since September of 2009, after a 15 percent fall in April.
2020-06-30
Japan Industrial Output Drops the Most Since 2011
Industrial production in Japan tumbled 9.8 percent month-on-month in April 2020, compared to the preliminary reading of 9.1 percent fall and after a 3.7 percent drop a month earlier. This was the steepest decline in industrial output since March 2011, as businesses stopped their operations due to the ongoing COVID-19 outbreak. Output fell mostly for transport equipment (-34.8 percent vs -4.3 percent in March), namely motor vehicles (-36.6 percent vs -5.1 percent); electrical machinery (-10.8 percent vs 1.3 percent); general-purpose machinery (-10 percent vs -2.9 percent) and electronic parts and devices (-2.7 percent vs -3.1 percent). On an annual basis, industrial output plunged 15 percent in April, the most since September of 2009, after a 5.2 percent fall in March.
2020-06-12
Japan Industrial Production Plummets 9.1% MoM
Industrial production in Japan declined by a preliminary 9.1 percent month-on-month in April 2020, the steepest drop in industrial output since March of 2011, due to the COVID-19 outbreak. The largest contributor to the decrease was transport equipment (-33 percent vs -5.1 percent in March). Also, general purpose machinery contracted 9.7 percent. In contrast, production machinery rebounded 2.5 percent after sinking 10 percent in March. On an annual basis, industrial output plunged 14.4 percent in April, the seventh straight month of decline, after a 5.2 percent decline in March
2020-05-28
Japan Industrial Output Drops the Most in 5 Months
Industrial production in Japan declined by 3.7 percent month-on-month in March 2020, the steepest drop in industrial output since October last year, due to the COVID-19 outbreak. The largest contributors to the decrease were motor vehicles (-5.1 percent vs -4.4 percent in February), production machinery (-10 percent vs -5 percent) and inorganic & organic chemicals (-10.9 percent vs 6.2 percent). On an annual basis, industrial output fell 5.2 percent in March, the sixth straight month of decline, after a 5.7 percent decline in February.
2020-05-19

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.