Indices of Industrial Production
Outline of the result
Preliminary report for January, 2016 (published at 8:50, February 29, 2016)
Industrial Production fluctuates indecisively.
- Production and Shipments increased, Inventories and Inventory Ratio decreased.
- According to the Survey of Production Forecast in Manufacturing, Production is expected to decrease in February and increase in March.
Seasonally Adjusted Index | Original Index | |||
---|---|---|---|---|
Indices | Percent change from the previous month(%) |
Indices | Percent change from the previous year (%) |
|
Production | 99.8 | 3.7 | 90.1 | -3.8 |
Shipments | 97.9 | 3.4 | 88.1 | -5.9 |
Inventories | 112.0 | -0.3 | 116.2 | 0.2 |
Inventory Ratio | 113.6 | -2.1 | 126.3 | 4.2 |
1. Changes in Production
(1)Industrial Production
Industrial Production increased 3.7% from the previous month, showing a increase for the first time in three months. It showed a decrease of 3.8% from the previous year. The index was 99.8(seasonally adjusted).
Industries that mainly contributed to the increase are as follows: 1.General-purpose, production and business oriented machinery, 2.Transport equipment, 3.Electronic parts and devices, in that order.
(2)Survey of Production Forecast*1(for February and March)
According to the Survey of Production Forecast in Manufacturing, Production is expected to decrease 5.2% in February and increase 3.1% in March.
January, 2016 |
February, 2016 |
March, 2016 |
|
---|---|---|---|
Survey in February, 2016 | -5.2 | 3.1 | |
Survey in January, 2016 | 7.6 | -4.1 |
(Changes in Planned Production on a month-on-month basis (%))
Industries that mainly contributed to the decrease in February are as follows: 1.Transport equipment, 2.Electronic parts and devices, 3.General-purpose, production and business oriented machinery, in that order.
Industries that mainly contributed to the increase in March are as follows: 1.Transport equipment, 2.General-purpose, production and business oriented machinery, 3.Chemicals, in that order.
The Realization Ratio*2 in January was -2.9%. The Amendment Ratio*3 in February was -4.0%.
*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 increased 3.4% from the previous month, showing a increase for the first time in three months. It showed an decrease of 5.9% from the previous year. The index was 97.9(seasonally adjusted).
Industries that mainly contributed to the increase are as follows: 1.General-purpose, production and business oriented machinery, 2.Electronic parts and devices, 3.Electrical machinery, in that order.
3.Changes in Inventories
Inventories decreased 0.3% from the previous month, showing a decrease for the first time in three months. It showed an increase of 0.2% from the previous year. The index was 112.0(seasonally adjusted).
Inventory Ratio decreased 2.1% from the previous month, showing a decrease for the first time in three months. It showed an increase of 4.2% from the previous year. The index was 113.6(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(January, 2016 - February, 2017).
Please click the above-mentioned.
(published at March 9, 2016) - 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