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Indices of Industrial Production

Preliminary report for September, 2013

Statistics report

[Highlights]

Preliminary Report for September, 2013
(published at 8:50a.m., October 30, 2013)

Indices of Industrial Production

Industrial Production continues to show an upward movement.

  • Production and Shipments increased, Inventories and Inventory Ratio decreased.
  • According to the Survey of Production Forecast in Manufacturing, Production is expected to increase in October and decrease in November.
  • Industrial Production continues to show an upward movement.
.
2010 average=100
  Seasonally Adjusted Index Original Index
Indices Percent change from the previous month(%) Indices Percent change from the previous year (%)
Production 98.5 1.5 102.3 5.4
Shipments 97.0 1.6 103.1 4.7
Inventories 108.3 -0.2 106.1 -3.5
Inventory Ratio 110.2 -2.0 102.6 -7.0

1. Changes in Production

(1)Industrial Production

Industrial Production in September increased 1.5% from the previous month, showing an increase for the first time in two months. It showed an increase of 5.4% from the previous year. The index in September was 98.5(seasonally adjusted).

Industries that mainly contributed to the increase are as follows: 1.Transport equipment, 2.Electronic parts and devices, 3.Information and communication electronics equipment, in that order.

Commodities that mainly contributed to the increase are as follows: 1.Large passenger cars, 2.Active matrix LCDs (Liquid Crystal Devices) Middle and small, 3.Small passenger cars, in that order.

(2)Survey of Production Forecast*1 (for October and November)

According to the Survey of Production Forecast in Manufacturing, Production is expected to increase 4.7% in October and decrease 1.2% in November.

Survey of Production Forecast

(Changes in Planned Production on a month-on-month basis (%))

2010 average=100
  September,
2013
October,
2013
November,
 2013
Survey in September, 2013 5.2 2.5  
Survey in October, 2013   4.7 -1.2

Industries that mainly contributed to the increase in October are as follows: 1.General-purpose, production and business oriented machinery, 2.Information and communication electronics equipment, 3.Electrical machinery, in that order.

Industries that mainly contributed to the decrease in November are as follows: 1.General-purpose, production and business oriented machinery, 2.Electrical machinery, 3.Information and communication electronics equipment, in that order.

The Realization Ratio*2 in September was -1.4%. The Amendment Ratio*3 in October was 0.7%.

*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 September increased 1.6% from the previous month, showing an increase for the first time in two months. It showed an increase of 4.7% from the previous year. The index in September was 97.0(seasonally adjusted).

Industries that mainly contributed to the increase are as follows: 1.Transport equipment, 2.Petroleum and coal products, 3.Information and communication electronics equipment, in that order.

3.Changes in Inventories

Inventories in September decreased 0.2% from the previous month, showing a decrease for the second consecutive month. It showed a decrease of 3.5% from the previous year. The index in September was 108.3(seasonally adjusted).

Industries that mainly contributed to the decrease are as follows: 1.Petroleum and coal products, 2.Iron and steel, 3.Electrical machinery, in that order.

Inventory Ratio in September decreased 2.0% from the previous month, showing a decrease for the first time in two months. It showed a decrease of 7.0% from the previous year. The index in September was 110.2(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

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Last Update: October 30, 2013
Ministry of Economy, Trade and Industry
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