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Indices of Industrial Production

Preliminary Report for July 2023 (released at 8:50, August 31, 2023)

  • 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 August and September.
2020 average=100
Seasonally Adjusted Index Original Index
index Percent change from the previous month(%) index Percent change from the previous year (%)
Production 103.6 -2.0 105.2 -2.5
Shipments 102.8 -2.1 104.4 -2.0
Inventories 106.7 0.9 107.5 6.0
Inventory Ratio 108.4 2.9 108.2 11.9

Industrial Production

Industries that mainly contributed to the decreased
1.Production machinery, 2.Electronic parts and devices, 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.Pulp, paper and paper products, in that order.

Shipments

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

Inventories

Industries that mainly contributed to the increased
1.Motor vehicles, 2.Production machinery, 3.Pulp, paper and paper products, in that order.
Industries that mainly contributed to the decreased
1.Petroleum and coal products, 2.Electrical machinery, and Information and communication electronics equipment, 3.Inorganic and organic chemicals, in that order.

Indices of Industrial Production Forecast*1

Seasonally Adjusted Index
Percent change from the previous month(%)
August 2023 September 2023
Survey in August 2023 2.6 2.4
Survey in July 2023 1.1
Industries that mainly contributed to the increased in August
1.Electrical machinery, and Information and communication electronics equipment, 2.Chemicals, 3.Electronic parts and devices, in that order.
Industries that mainly contributed to the increased in September
1.Electrical machinery, and Information and communication electronics equipment, 2.Chemicals, 3.Transport 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.

data download

Report on IIP( Production, shipments and Inventories )PDF file
Historical data of each index, Indices classified by Industry, Indices classified by 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:2023-8-31

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