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Indices of Industrial Production

Preliminary Report for December 2025 (released at 8:50, January 30, 2026)

  • Industrial Production fluctuates indecisively.
  • Production and Shipments decreased, Inventories and Inventory Ratio increased.
  • According to the Survey of Production Forecast in Manufacturing, Production is expected to increase in January, decrease in February.
2020 average=100
Seasonally Adjusted Index Original Index
index Percent change from the previous month(%) index Percent change from the previous year (%)
Production 101.8 -0.1 106.8 2.6
Shipments 98.9 -1.7 105.5 1.2
Inventories 98.3 1.0 96.1 -2.7
Inventory Ratio 106.2 1.9 99.1 -2.1

Industrial Production

Industries that mainly contributed to the decreased
1.Production machinery, 2.Chemicals (excl. Inorganic, organic chemicals, and medicine), 3.Pulp, paper and paper products, in that order.
Industries that mainly contributed to the increased
1.General-purpose and business oriented machinery, 2.Electrical machinery, and Information and communication electronics equipment, 3.Motor vehicles, in that order.

Shipments

Industries that mainly contributed to the decreased
1.Production machinery, 2.Motor vehicles, 3.Iron, steel and Non-ferrous metals, in that order.
Industries that mainly contributed to the increased
1.Electronic parts and devices, 2.General-purpose and business oriented machinery, 3.Pulp, paper and paper products, in that order.

Inventories

Industries that mainly contributed to the increased
1.Motor vehicles, 2.Electronic parts and devices, 3.Inorganic and organic chemicals, in that order.
Industries that mainly contributed to the decreased
1.Electrical machinery, and Information and communication electronics equipment, 2.Chemicals (excl. Inorganic, organic chemicals, and medicine), 3.Pulp, paper and paper products, in that order.

Indices of Industrial Production Forecast*1

Seasonally Adjusted Index
Percent change from the previous month(%)
January 2026 February 2026
Survey in January 2026 9.3 -4.3
Survey in December 2025 8.0
Industries that mainly contributed to the increased in January
1.Transport equipment, 2.General-purpose and business oriented machinery, 3.Electronic parts and devices, in that order.
Industries that mainly contributed to the decreased in February
1.Transport equipment, 2.Electronic parts and devices, 3.General-purpose and business oriented machinery, in that order.

*1:Indices of Industrial Production Forecast is conducted monthly to search the planned production amounts for the current and proceeding months.
The survey is one of the useful economic indicators which reflect changing business conditions and provide a view of where the economy is heading in the near future.

data download

Report on IIP( Production, shipments and Inventories )PDF file
Historical data of each index, Indices classified by Industry, Indices classified by Goods.
Historical data etc.(data download)
Excel and csv files of each index (Year, Fiscal Year, Quarter, Month), previous data, weight of Indices of Industrial Production, etc..
Results in the past
Outline of the result, Report on IIP in the past.
Release date of Indices of Industrial Production
We have published the release date of the Indices of Industrial Production(November 2025 - February 2027). Please click the above-mentioned.
(updated at December 26, 2025)
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Last updated:2026-1-30

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