Industrial production in Japan decreased 4.7% in October 2021 over the same month in the previous year, accelerating from a 2.3% fall in September. The year-on-year decline in industrial activity reflected the impact of ongoing global supply chain disruptions, despite the reopening of factories in Asia. Industries that mainly contributed to the decrease were the inorganic & organic chemicals, iron, steel & non-ferrous metals and electronic parts & devices; while industries that picked up in activity were motor vehicles, production machinery and general-purpose & business oriented machinery. source: Ministry of Economy Trade & Industry (METI)
Industrial Production in Japan averaged 4.72 percent from 1954 until 2021, reaching an all time high of 30 percent in February of 1960 and a record low of -37.20 percent in February of 2009. This page provides - Japan Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.
Industrial Production in Japan is expected to be 4.30 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 is projected to trend around 2.00 percent in 2022 and 2.10 percent in 2023, according to our econometric models.