Indices of Industrial Production

Preliminary report for June, 2014

Statistics report

[Highlights]

Preliminary Report for June, 2014
(published at 8:50a.m., July 30, 2014)

Indices of Industrial Production

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2010 average=100

	Seasonally Adjusted Index		Original Index
	Indices	Percent change from the previous month(%)	Indices	Percent change from the previous year (%)
Production	96.7	-3.3	100.1	3.2
Shipments	95.2	-1.9	98.5	2.2
Inventories	110.5	1.9	108.6	2.7
Inventory Ratio	111.6	3.5	109.9	1.2

1. Changes in Production

(1)Industrial Production

Industrial Production in June decreased 3.3% from the previous month, showing a decrease for the first time in two months. It showed an increase of 3.2% from the previous year. The index in June was 96.7(seasonally adjusted).

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

Commodities that mainly contributed to the decrease are as follows: 1.Large passenger cars, 2.Reaction vessels, 3.Plastic products for machine tools and parts, in that order.

(2)Survey of Production Forecast^*1 (for July and August)

According to the Survey of Production Forecast in Manufacturing, Production is expected to increase 2.5% in July and increase 1.1% in August.

Survey of Production Forecast

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

2010 average=100

	June, 2014	July, 2014	August, 2014
Survey in June, 2014	-0.7	1.5
Survey in July, 2014		2.5	1.1

Industries that mainly contributed to the increase in July are as follows: 1.General-purpose, production and business oriented machinery, 2.Chemicals, 3.Others, in that order.

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

The Realization Ratio^*2 in June was -2.3%. The Amendment Ratio^*3 in July was -1.3%.

*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 June decreased 1.9% from the previous month, showing a decrease for the fifth consecutive month. It showed an increase of 2.2% from the previous year. The index in June was 95.2(seasonally adjusted).

Industries that mainly contributed to the decrease are as follows: 1.Transport equipment, 2.Iron and steel, 3.Information and communication electronics equipment, in that order.

3.Changes in Inventories

Inventories in June increased 1.9% from the previous month, showing an increase for the second consecutive month. It showed an increase of 2.7% from the previous year. The index in June was 110.5(seasonally adjusted).

Industries that mainly contributed to the increase are as follows: 1.Transport equipment, 2.General-purpose, production and business oriented machinery, 3.Ceramics, stone and clay products, in that order.

Inventory Ratio in June increased 3.5% from the previous month, showing an increase for the second consecutive month. It showed an increase of 1.2% from the previous year. The index in June was 111.6(seasonally adjusted).

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  (published at 8:50 a.m., December 27, 2013)

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Ministry of Economy,Trade and Industry
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