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Indices of Industrial Production

Preliminary Report for February 2021 (released at 8:50, March 31, 2021)

  • Industrial Production is picking up.
  • Production, Shipments, Inventories decreased, Inventory Ratio increased.
  • According to the Survey of Production Forecast in Manufacturing, Production is expected to decrease in March, increase in April.
2015 average=100
Seasonally Adjusted Index Original Index
index Percent change from the previous month(%) index Percent change from the previous year (%)
Production 95.7 -2.1 92.1 -2.6
Shipments 94.4 -1.5 91.2 -3.5
Inventories 94.3 -1.0 95.1 -9.6
Inventory Ratio 108.2 1.0 114.1 -4.8

Industrial Production

Industries that mainly contributed to the decreased
1.Motor vehicles, 2.Electrical machinery, and Information and communication electronics equipment, 3.Chemicals (excl. Inorganic, organic chemicals, and medicine), in that order.
Industries that mainly contributed to the increased
1.Production machinery, 2.Transport equipment (excl. motor vehicles), 3.Electronic parts and devices.

Shipments

Industries that mainly contributed to the decreased
1.Motor vehicles, 2.Electrical machinery, and Information and communication electronics equipment, 3.Other manufacturing, in that order.
Industries that mainly contributed to the increased
1.Transport equipment (excl. motor vehicles), 2.Production machinery, 3.Iron, steel and Non-ferrous metals.

Inventories

Industries that mainly contributed to the decreased
1.Motor vehicles, 2.Chemicals (excl. Inorganic, organic chemicals, and medicine), 3.Electronic parts and devices, in that order.
Industries that mainly contributed to the increased
1.Electrical machinery, and Information and communication electronics equipment, 2.Production machinery, 3.Iron, steel and Non-ferrous metals, in that order.

Indices of Industrial Production Forecast*1

Seasonally Adjusted Index
Percent change from the previous month(%)
March 2021 April 2021
Survey in March 2021 -1.9 9.3
Survey in February 2021 -6.1
Industries that mainly contributed to the decreased in March
1.Production machinery, 2.General-purpose and business oriented machinery, 3.Electrical machinery, and Information and communication electronics equipment, in that order.
Industries that mainly contributed to the increased in April
1.Production machinery, 2.Electrical machinery, and Information and communication electronics equipment, 3.General-purpose and business oriented machinery, in that order.

* Indices of Industrial 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.

data download

Report on IIP( Production, shipments and Inventories )PDF file
Historical data of each index, Indices classified by Industry, Indices classified by use of Goods.
Historical data etc.(data download)
Excel and csv files of each index (Year, Fiscal Year, Quarter, Month), previous data, weight of Indices of Industrial Production, etc..
Results in the past
Outline of the result, Report on IIP in the past.
Release date of Indices of Industrial Production
We have published the release date of the Indices of Industrial Production(January, 2020 - February, 2021). Please click the above-mentioned.
(Published at December 27, 2019)
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Last updated:2021-3-31

Economic Analysis Office

Research and Statistics Department

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