Indices of Industrial Production
Outline of the result
Preliminary report for December, 2015 (published at 8:50, January 29, 2016)
Industrial Production fluctuates indecisively.
- Production and Shipments decreased, Inventories and Inventory Ratio increased.
- According to the Survey of Production Forecast in Manufacturing, Production is expected to increase in January and decrease in February.
Seasonally Adjusted Index | Original Index | |||
---|---|---|---|---|
Indices | Percent change from the previous month(%) |
Indices | Percent change from the previous year (%) |
|
Production | 96.5 | -1.4 | 98.3 | -1.6 |
Shipments | 94.8 | -1.7 | 98.3 | -2.4 |
Inventories | 112.3 | 0.4 | 112.3 | 0.0 |
Inventory Ratio | 116.0 | 0.4 | 112.9 | 2.9 |
1. Changes in Production
(1)Industrial Production
Industrial Production decreased 1.4% from the previous month, showing a decrease for the second consecutive month. It showed a decrease of 1.6% from the previous year. The index was 96.5(seasonally adjusted).
Industries that mainly contributed to the decrease are as follows: 1.General-purpose, production and business oriented machinery, 2.Electronic parts and devices, 3.Transport equipment, in that order.
(2)Survey of Production Forecast*1(for January and February)
According to the Survey of Production Forecast in Manufacturing, Production is expected to increase 7.6% in January and decrease 4.1% in February.
December, 2015 |
January, 2016 |
February, 2016 |
|
---|---|---|---|
Survey in January, 2016 | 7.6 | -4.1 | |
Survey in December, 2015 | 0.9 | 6.0 |
(Changes in Planned Production on a month-on-month basis (%))
Industries that mainly contributed to the increase in January are as follows: 1.General-purpose, production and business oriented machinery, 2.Transport equipment, 3.Information and communication electronics equipment, in that order.
Industries that mainly contributed to the decrease in February are as follows: 1.Transport equipment, 2.General-purpose, production and business oriented machinery, 3.Electronic parts and devices, in that order.
The Realization Ratio*2 in December was -2.4%. The Amendment Ratio*3 in January 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 decreased 1.7% from the previous month, showing a decrease for the second consecutive month. It showed an decrease of 2.4% from the previous year. The index was 94.8(seasonally adjusted).
Industries that mainly contributed to the decrease are as follows: 1.Electronic parts and devices, 2.General-purpose, production and business oriented machinery, 3.Transport equipment, in that order.
3.Changes in Inventories
Inventories increased 0.4% from the previous month, showing a increase for the second consecutive month. It showed a remained flat 0.0% from the previous year. The index was 112.3(seasonally adjusted).
Inventory Ratio increased 0.4% from the previous month, showing a increase for the second consecutive month. It showed an increase of 2.9% from the previous year. The index was 116.0(seasonally adjusted).
Details of the result
- Report on IIP( Production, shipments and Inventories )
- 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.(data download)
- 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..
*If you have something to comment, please e-mail us.
Economic Analysis Office
Research and Statistics Department
Minister's Secretariat
Ministry of Economy,Trade and Industry
E-mail qqcebc@meti.go.jp