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Indices of Industrial Production

Preliminary Report for March 2024 (released at 8:50, April 30, 2024)

  • Industrial Production fluctuates indecisively, but it has weakened.
  • Production, Shipments, Inventories and Inventory Ratio increased.
  • According to the Survey of Production Forecast in Manufacturing, Production is expected to increase in April and May.
2020 average=100
Seasonally Adjusted Index Original Index
index Percent change from the previous month(%) index Percent change from the previous year (%)
Production 101.1 3.8 109.4 -6.7
Shipments 100.0 4.3 109.7 -7.1
Inventories 102.7 1.1 99.7 -0.9
Inventory Ratio 106.7 7.1 96.4 6.4

Industrial Production

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

Shipments

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

Inventories

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

Indices of Industrial Production Forecast*1

Seasonally Adjusted Index
Percent change from the previous month(%)
April 2024 May 2024
Survey in April 2024 4.1 4.4
Survey in March 2024 3.3
Industries that mainly contributed to the increased in April
1.Production machinery, 2.Transport equipment, 3.General-purpose and business oriented machinery, in that order.
Industries that mainly contributed to the increased in May
1.Transport equipment, 2.Electrical machinery, and Information and communication electronics equipment, 3.Chemicals, 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:2024-4-30

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