Industrial production in Japan rose by 6.2 percent month-over-month in June 2021, beating market expectations of 5 percent and reversing from a final 6.5 percent fall a month earlier, a preliminary figure showed. This was the strongest pace of expansion in industrial output since July 2020, boosted by a strong economic recovery following an acceleration in the COVID-19 vaccination drive. Industries that mainly contributed to the rise were motor vehicles (22.6 percent vs -19.4 percent in May), production machinery (8.9 percent vs -6 percent), and electronic parts and devices(3.9 percent vs -0.2 percent). 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 August of 2021.
Industrial Production Mom in Japan is expected to be 1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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.