Indices of Industrial Production
Outline of the result
Preliminary report for March, 2015 (published at 8:50, April 30, 2015)
Indices of Industrial Production
Industrial Production shows signs of increase at a moderate pace.
- Production and Shipments decreased, Inventories and Inventory Ratio increased.
- According to the Survey of Production Forecast in Manufacturing, Production is expected to increase in April and decrease in May.
- Industrial Production shows signs of increase at a moderate pace.
| Seasonally Adjusted Index | Original Index | |||
|---|---|---|---|---|
| Indices | Percent change from the previous month(%) | Indices | Percent change from the previous year (%) | |
| Production | 98.6 | -0.3 | 108.7 | -1.2 |
| Shipments | 97.6 | -0.3 | 111.7 | -1.9 |
| Inventories | 113.3 | 0.3 | 104.9 | 6.1 |
| Inventory Ratio | 113.9 | 0.4 | 95.7 | 8.1 |
1. Changes in Production
(1)Industrial Production
Industrial Production in March decreased 0.3% from the previous month, showing a decrease for the second consecutive month. It showed an decrease of 1.2% from the previous year. The index in March was 98.6(seasonally adjusted).
Industries that mainly contributed to the decrease are as follows: 1.Electrical machinery, 2.Petroleum and coal products, 3.Fabricated metals, in that order.
(2)Survey of Production Forecast*1 (for April and May)
According to the Survey of Production Forecast in Manufacturing,
Production is expected to increase 2.1% in April and decrease 0.3% in May.
Survey of Production Forecast
(Changes in Planned Production on a month-on-month basis (%))
| March, 2015 |
April, 2015 |
May, 2015 |
|
|---|---|---|---|
| Survey in April, 2015 | 2.1 | -0.3 | |
| Survey in March, 2015 | -1.4 | 4.0 |
Industries that mainly contributed to the increase in April are as follows: 1.General-purpose, production and business oriented machinery, 2.Electrical machinery, 3.Electronic parts and devices, in that order.
Industries that mainly contributed to the decrease in May are as follows: 1.Transport equipment, 2.Chemicals, 3.Fabricated metals, in that order.
The Realization Ratio*2 in March was 0.9%. The Amendment Ratio*3 in April was -0.9%.
*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 March decreased 0.3% from the previous month, showing a decrease for the second consecutive month. It showed an decrease of 1.9% from the previous year. The index in March was 97.6(seasonally adjusted).
Industries that mainly contributed to the decrease are as follows: 1.Electronic parts and devices, 2.Iron and steel, 3.Petroleum and coal products, in that order.
3.Changes in Inventories
Inventories in March increased 0.3% from the previous month, showing a increase for the second consecutive month. It showed an increase of 6.1% from the previous year. The index in March was 113.3(seasonally adjusted).
Industries that mainly contributed to the increase are as follows: 1.General-purpose, production and business oriented machinery, 2.Chemicals (excl. Drugs), 3.Iron and steel, in that order.
Inventory Ratio in March increased 0.4% from the previous month,showing a increase for the second consecutive month. It showed an increase of 8.1% from the previous year. The index in March was 113.9(seasonally adjusted).
Details of the result
- Report on IIP
- Time-series data of each index, Indices classified by Industry, Indices classified by use of Goods.
- Infographics of IIP
- Contribution ratio by industry of IIP, Changes in the Inventory Cycle, The balance between Shipments and Inventories.
- Time-series data etc.
- Excel and csv files of each index (Year, Fiscal Year, Quarter, Month), connected indices, Indices of Industrial Production Weight, etc.
- Results in the past
- Outline of the result, Report on IIP, Infographcs of IIP, in the past
- Release date of Indices of Industrial Production
- We have published the release date of the Indices of Industrial Production(November, 2014 - February, 2016).
Please click the above-mentioned.
(published at 8:50 a.m., December 26, 2014) - Mechanism of and Way to Understand Indices of Industrial Production
- Mechanism of the Indices of Industrial Production, explanation of the Indices of Industrial Production, etc..
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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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