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Indices of Industrial Production

Preliminary Report for April 2023 (released at 8:50, May 31, 2023)

  • Industrial Production shows signs of increase at a moderate pace.
  • Production, Shipments, and Inventory Ratio decreased, Inventories increased.
  • According to the Survey of Production Forecast in Manufacturing, Production is expected to increase in May and June.
2015 average=100
Seasonally Adjusted Index Original Index
index Percent change from the previous month(%) index Percent change from the previous year (%)
Production 95.5 -0.4 93.5 -0.3
Shipments 93.0 -0.4 90.2 -0.8
Inventories 104.0 0.3 102.6 5.4
Inventory Ratio 126.9 -0.5 126.5 9.7

Industrial Production

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

Shipments

Industries that mainly contributed to the decreased
1.Production machinery, 2.Petroleum and coal products, 3.Other manufacturing, in that order.
Industries that mainly contributed to the increased
1.General-purpose and business oriented machinery, 2.Motor vehicles, 3.Electronic parts and devices, in that order.

Inventories

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

Indices of Industrial Production Forecast*1

Seasonally Adjusted Index
Percent change from the previous month(%)
May 2023 June 2023
Survey in May 2023 1.9 1.2
Survey in April 2023 -2.0
Industries that mainly contributed to the increased in May
1.Transport equipment, 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 June
1.Production machinery, 2.Fabricated metals, 3.Electrical machinery, and Information and communication electronics equipment, 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.

* We have published the base year revision (the new base year =2020) on April 28, 2023.

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:2023-5-31

Economic Analysis Office

Research and Statistics Department

E-mail bzl-qqcebc@meti.go.jp

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