Industrial production in Japan rose by 8.9 percent month-over-month in June 2022, topping market estimates of 3.7 percent and reversing from a final 7.5 percent fall a month earlier, flash data showed. This was the first rise in industrial output since March and the steepest pace on record, boosted by a turnaround in production after China's COVID-19 curbs eased. Industries that mainly contributed to the rebound were motor vehicles (14.0 percent vs -8.3 percent in May), electrical machinery, and information and communication electronics equipment (11.0 percent vs -11.3 percent), and electronic parts and devices (11.4 percent vs -4.2 percent). On a yearly basis, industrial output fell 3.1 percent in June, the same pace as in May, and marking the fourth straight month of drop. source: Ministry of Economy Trade & Industry (METI)
Industrial Production Mom in Japan averaged 0.38 percent from 1953 until 2022, reaching an all time high of 8.90 percent in June of 2022 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 2022.
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. In the long-term, the Japan Industrial Production MoM is projected to trend around 3.00 percent in 2023 and 0.10 percent in 2024, according to our econometric models.