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Indices of Industrial Production

Preliminary Report for November 2023 (released at 8:50, December 28, 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 December, decrease in January.
2020 average=100
Seasonally Adjusted Index Original Index
index Percent change from the previous month(%) index Percent change from the previous year (%)
Production 104.0 -0.9 107.1 -1.4
Shipments 102.5 -1.3 105.8 -1.5
Inventories 104.3 0.1 105.5 1.1
Inventory Ratio 105.2 1.9 103.6 6.3

Industrial Production

Industries that mainly contributed to the decreased
1.Motor vehicles, 2.Electrical machinery, and Information and communication electronics equipment, 3.General-purpose and business oriented machinery, in that order.
Industries that mainly contributed to the increased
1.Production machinery, 2.Other manufacturing, 3.Plastic products, in that order.

Shipments

Industries that mainly contributed to the decreased
1.General-purpose and business oriented machinery, 2.Motor vehicles, 3.Electrical machinery, and Information and communication electronics equipment, in that order.
Industries that mainly contributed to the increased
1.Other manufacturing, 2.Pulp, paper and paper products, in that order.

Inventories

Industries that mainly contributed to the increased
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 decreased
1.Electronic parts and devices, 2.Iron, steel and Non-ferrous metals, 3.Petroleum and coal products, in that order.

Indices of Industrial Production Forecast*1

Seasonally Adjusted Index
Percent change from the previous month(%)
December 2023 January 2024
Survey in December 2023 6.0 -7.2
Survey in November 2023 3.2
Industries that mainly contributed to the increased in December
1.Production machinery, 2.Transport equipment, 3.General-purpose and business oriented machinery, in that order.
Industries that mainly contributed to the decreased in January
1.Transport equipment, 2.Electrical machinery, and Information and communication electronics equipment, 3.Production 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 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 2023 - February 2025). Please click the above-mentioned.
(updated at December 28, 2023)
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Last updated:2023-12-28

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