Japan Industrial Production Mom
Jan 31, 2023
Mar 30, 2023
Time to Release
1 Days 1 Hours
In Japan, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.
Industrial production in Japan dropped by 5.3 percent month-over-month in January 2023, compared with a flash figure of a 4.6 percent fall and following a final 0.3 percent gain in the previous month. This was the first decline in industrial output since last October and the steepest pace in eight months. Industries that mainly contributed to the decline were production machinery (-15.3% vs 0.8% in December), motor vehicles (-10.1% vs 0.5%), and electronic parts & devices (-4.2% vs -0.7%). On an annual basis, industrial production fell 3.1% in January, the third straight month of decrease, after a revised 2.4 percent fall in December.
Japan Industrial Production Mom History
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