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- Indices of Industrial Production
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- Preliminary report for August, 2014
Indices of Industrial Production
Preliminary report for August, 2014
Statistics report
[Highlights]
Preliminary Report for August, 2014
(published at 8:50a.m., September 30, 2014)
Indices of Industrial Production
Industrial Production has weakened.
- Production and Shipments decreased, Inventories and Inventory Ratio increased.
- According to the Survey of Production Forecast in Manufacturing, Production is expected to increase in September and decrease in October.
- Industrial Production has weakened.
Seasonally Adjusted Index | Original Index | |||
---|---|---|---|---|
Indices | Percent change from the previous month(%) | Indices | Percent change from the previous year (%) | |
Production | 95.5 | ▲1.5 | 89.4 | ▲2.9 |
Shipments | 94.1 | ▲1.9 | 88.0 | ▲3.5 |
Inventories | 112.7 | 1.0 | 114.6 | 4.7 |
Inventory Ratio | 118.4 | 8.5 | 125.7 | 7.0 |
1. Changes in Production
(1)Industrial Production
Industrial Production in August decreased 1.5% from the previous month, showing a decrease for the first time in two months. It showed a decrease of 2.9% from the previous year. The index in August was 95.5(seasonally adjusted).
Industries that mainly contributed to the decrease are as follows: 1.General-purpose, production and business oriented machinery, 2.Transport equipment, 3.Electrical machinery, in that order.
(2)Survey of Production Forecast*1 (for September and October)
According to the Survey of Production Forecast in Manufacturing,
Production is expected to increase 6.0% in September and decrease 0.2% in October.
Survey of Production Forecast
(Changes in Planned Production on a month-on-month basis (%))
August, 2014 |
September, 2014 |
October, 2014 |
|
---|---|---|---|
Survey in August, 2014 | 1.3 | 3.5 | |
Survey in September, 2014 | 6.0 | ▲0.2 |
Industries that mainly contributed to the increase in September are as follows: 1.General-purpose, production and business oriented machinery, 2.Electronic parts and devices, 3.Transport equipment, in that order.
Industries that mainly contributed to the decrease in October are as follows: 1.Electronic parts and devices, 2.Transport equipment, 3.Others, in that order.
The Realization Ratio*2 in August was -3.9%. The Amendment Ratio*3 in September was -1.6%.
*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 August decreased 1.9% from the previous month, showing a decrease for the first time in two months. It showed a decrease of 3.5% from the previous year. The index in August was 94.1(seasonally adjusted).
Industries that mainly contributed to the decrease are as follows: 1.General-purpose, production and business oriented machinery, 2.Transport equipment, 3.Petroleum and coal products, in that order.
3.Changes in Inventories
Inventories in August increased 1.0% from the previous month, showing an increase for the fourth consecutive month. It showed an increase of 4.7% from the previous year. The index in August was 112.7(seasonally adjusted).
Industries that mainly contributed to the increase are as follows: 1.Iron and steel, 2.Petroleum and coal products, 3.Chemicals (excl. Drugs), in that order.
Inventory Ratio in August increased 8.5% from the previous month, showing an increase for the first time in two months. It showed an increase of 7.0% from the previous year. The index in August was 118.4(seasonally adjusted).
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