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Indices of Industrial Production

Preliminary Report for December 2022 (released at 8:50, January 31, 2023)

  • Industrial Production has weakened.
  • Production, Shipments, Inventories decreased, Inventory Ratio increased.
  • According to the Survey of Production Forecast in Manufacturing, Production is expected to remain flat in January, increase in February.
2015 average=100
Seasonally Adjusted Index Original Index
index Percent change from the previous month(%) index Percent change from the previous year (%)
Production 95.4 -0.1 97.2 -2.8
Shipments 92.7 -0.7 96.8 -3.0
Inventories 103.1 -0.5 100.9 3.2
Inventory Ratio 124.5 1.2 118.7 9.8

Industrial Production

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

Shipments

Industries that mainly contributed to the decreased
1.General-purpose and business oriented machinery, 2.Electrical machinery, and Information and communication electronics equipment, 3.Petroleum and coal products, in that order.
Industries that mainly contributed to the increased
1.Motor vehicles, 2.Transport equipment (excl. motor vehicles), 3.Production machinery, in that order.

Inventories

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

Indices of Industrial Production Forecast*1

Seasonally Adjusted Index
Percent change from the previous month(%)
January 2023 February 2023
Survey in January 2023 0.0 4.1
Survey in December 2022 -0.6
Industries that mainly contributed to the increased in January
1.Electrical machinery, and Information and communication electronics equipment, 2.General-purpose and business oriented machinery, 3.Chemicals, in that order.
Industries that mainly contributed to the decreased in January
1.Transport equipment, 2.Production machinery, in that order.
Industries that mainly contributed to the increased in February
1.Transport equipment, 2.Production machinery, 3.Electronic parts and devices, 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(November 2022 - February 2024). Please click the above-mentioned.
(updated at December 28, 2022)
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Last updated:2023-1-31

Economic Analysis Office

Research and Statistics Department

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