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- Indices of Industrial Production
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- Preliminary report for November, 2012
Indices of Industrial Production
Preliminary report for November, 2012
Statistics report
[Highlights]
Preliminary Report for November, 2012
(published at 8:50a.m., December
28, 2012)
Indices of Industrial Production
Industrial Production is on a downward trend.
- Production, Shipments, Inventories and Inventory Ratio decreased.
- According to the Survey of Production Forecast in Manufacturing, Production is expected to increase in December and January.
- Industrial Production is on a downward trend.
Seasonally Adjusted Index | Original Index | |||
---|---|---|---|---|
Indices | Percent change from the previous month(%) | Indices | Percent change from the previous year (%) | |
Production | 86.4 | -1.7 | 89.8 | -5.8 |
Shipments | 86.5 | -1.1 | 89.5 | -5.9 |
Inventories | 106.4 | -1.2 | 110.7 | 3.1 |
Inventory Ratio | 127.2 | -0.3 | 128.4 | 10.0 |
1. Changes in Production
(1)Industrial Production
Industrial Production in November decreased 1.7% from the previous month, showing a decrease for the first time in two months. It showed a decrease of 5.8% from the previous year. The index in November was 86.4(seasonally adjusted).
Industries that mainly contributed to the decrease are as follows: 1.General machinery, 2.Fabricated metals, 3.Information and communication electronics equipment, in that order.
Commodities that mainly contributed to the decrease are as follows: 1.Cellular telephone, 2.Drive, transmission and Control parts, 3.Steel bridges, in that order.
(2)Survey of Production Forecast*1 (for December and January)
According to the Survey of Production Forecast in Manufacturing,
Production is expected to increase 6.7% in December and to increase 2.4% in January.
Survey of Production Forecast
(Changes in Planned Production on a month-on-month basis (%))
November, 2012 |
December, 2012 |
January, 2013 |
|
---|---|---|---|
Survey in November, 2012 | -0.1 | 7.5 | |
Survey in December, 2012 | 6.7 | 2.4 |
Industries that mainly contributed to the increase in December are as follows: 1.Electronic parts and devices, 2.Transport equipment, 3.General machinery, in that order.
Industries that mainly contributed to the increase in January are as follows: 1.Transport equipment, 2.Information and communication electronics equipment, 3.Others, in that order.
The Realization Ratio*2 in November was -1.2%. The Amendment Ratio*3 in December was -2.0%.
*1:The Survey of 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.
*2:The Realization Ratio is defined as the ratio of the real amount of the previous month in the current time's survey to the estimated amount for the current month in the previous time's survey.
*3:The Amendment Ratio is defined as the ratio of estimated amount for the current month in the current time's survey to the estimated amount for the following month in the previous time's survey.
2.Changes in Shipments
Shipments in November decreased 1.1% from the previous month, showing a decrease for the third consecutive month. It showed a decrease of 5.9% from the previous year. The index in November was 86.5(seasonally adjusted).
Industries that mainly contributed to the decrease are as follows: 1.General machinery, 2.Information and communication electronics equipment, 3.Fabricated metals, in that order.
3.Changes in Inventories
Inventories in November decreased 1.2% from the previous month, showing a decrease for the fourth consecutive month. It showed an increase of 3.1% from the previous year. The index in November was 106.4(seasonally adjusted).
Industries that mainly contributed to the decrease are as follows: 1.Petroleum and coal products, 2.Information and communication electronics equipment, 3.Iron and steel, in that order.
Inventory Ratio in November decreased 0.3% from the previous month, showing a decrease for the second consecutive month. It showed an increase of 10.0% from the previous year. The index in November was 127.2(seasonally adjusted).
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Economic Analysis Office
Research and Statistics Department
Minister's Secretariat
Ministry of Economy,Trade and Industry
E-mail qqcebc@meti.go.jp