Japan - Industriel Produktion

Industrial production in Japan declined 0.9 percent month-over-month in March 2019, compared to a 0.7 percent increase in February and market expectations of a 0.1 percent decline, preliminary data showed. Sharp declines were observed in motor vehicles (-3.4 percent vs +3.3 percent in February); production machinery (-6.7 percent vs +5.5 percent); fabricated metals (-4.4 percent vs +3.5 percent) and transport equipment (-3.6 percent vs +2.5 percent). In contrast, production rebounded for electronic parts and devices (+5.8 percent vs -4.9 percent); general-purpose and business oriented machinery (+5.1 percent vs -0.1 percent) and inorganic and organic chemicals (+4.8 percent vs -3.6 percent). On a yearly basis, industrial output fell 4.6 percent in March after a 1.1 percent drop in February. It was the sharpest fall since May 2015.

Industrial production in Japan declined 1.0 percent in February 2019 following a 0.3 percent climb in the previous month and compared to market expectations of a 0.1 percent dip, preliminary data showed. The sharpest declines were observed in electronic parts & devices (-9.6 percent), utilities (-6.0 percent), production machinery (-5.6 percent), and iron & steel (-4.7 percent). In contrast, gains were mainly driven by transport equipment (7.9 percent), chemicals (4.7 percent), and fabricated metals (4.0 percent). On a monthly basis, industrial production rose 1.4 percent following a 3.4 percent decline in January, beating market expectations of a 1.0 percent increase.