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Indices of Industrial Production

Outline of the result

Preliminary report for April, 2015 (published at 8:50, May 29, 2015)

Indices of Industrial Production

Industrial Production shows signs of increase at a moderate pace.

  • Production and Shipments increased, Inventories remained flat, Inventory Ratio decreased.
  • According to the Survey of Production Forecast in Manufacturing, Production is expected to increase in May and decrease in June.
2010 average=100
  Seasonally Adjusted Index Original Index
Indices Percent change
from the previous month(%)
Indices Percent change
from the previous year (%)
Production 99.1 1.0 96.1 -0.1
Shipments 97.7 0.4 92.9 0.0
Inventories 113.4 0.0 107.3 6.3
Inventory Ratio 112.8 -1.4 110.2 6.8

1. Changes in Production

(1)Industrial Production

Industrial Production in April increased 1.0% from the previous month, showing a increase for the first time in three months. It showed a decrease of 0.1% from the previous year. The index in April was 99.1(seasonally adjusted).

Industries that mainly contributed to the increase are as follows: 1.Electronic parts and devices, 2.Electrical machinery, 3.Fabricated metals, in that order.

(2)Survey of Production Forecast*1 (for May and June)

According to the Survey of Production Forecast in Manufacturing, Production is expected to increase 0.5% in May and decrease 0.5% in June.

2010 average=100
  April,
2015
May,
2015
June,
2015
Survey in May, 2015   0.5 -0.5
Survey in April, 2015 2.1 -0.3  

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

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

Industries that mainly contributed to the decrease in June are as follows: 1.General-purpose, production and business oriented machinery, 2.Electronic parts and devices, 3.Electrical machinery, in that order.

The Realization Ratio*2 in April was -1.9%. The Amendment Ratio*3 in May was -1.0%.

*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 April increased 0.4% from the previous month, showing a increase for the first time in three months. It showed a remained flat 0.0% from the previous year. The index in April was 97.7(seasonally adjusted).

Industries that mainly contributed to the increase are as follows: 1.Electronic parts and devices, 2.Petroleum and coal products, 3.Fabricated metals, in that order.

3.Changes in Inventories

Inventories in April remained flat 0.0% from the previous month. It showed an increase of 6.3% from the previous year. The index in April was 113.4(seasonally adjusted).

Inventory Ratio in April decreased 1.4% from the previous month, showing a increase for the first time in three months. It showed an increase of 6.8% from the previous year. The index in April was 112.8(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., May 29, 2015)
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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Last Update: May 29, 2015
Ministry of Economy, Trade and Industry
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