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Industrial Production (MoM)

The Industrial Production released by the Ministry of Economy, Trade and Industry measures outputs of the Japanese factories and mines. Changes in industrial production are widely followed as a major indicator of strength in the manufacturing sector. A high reading is seen as bullish for the JPY, whereas a low reading is seen as bearish.

Most recent - Thursday 14 September 2023 04:30

Previous
-2%
Revised
-
Forecast
-
Actual
-1.8%

Next event - Thursday 28 September 2023 23:50

Previous
-1.8%
Forecast
-0.8%
Actual
-

The typical/expected market impact of this event is low.

The consensus forecast for Industrial Production (MoM) is -0.8%. A higher value than forecast tends to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.

Trading range

Forecast history

The most recent announced value for Industrial Production (MoM) was -1.8%.

Past events

Date
Forecast
Actual
Thursday 14 September 2023 04:30
-
-1.8%
Wednesday 30 August 2023 23:50
-1.4%
-2%
Tuesday 15 August 2023 04:30
2%
2.4%
Sunday 30 July 2023 23:50
2.4%
2%
Friday 14 July 2023 04:30
-1.6%
-2.2%
Thursday 29 June 2023 23:50
-1%
-1.6%
Tuesday 20 June 2023 04:30
-0.4%
0.7%
Tuesday 30 May 2023 23:50
1.5%
-0.4%
Wednesday 17 May 2023 04:30
0.8%
1.1%
Thursday 27 April 2023 23:50
1.2%
0.8%
Wednesday 19 April 2023 04:30
4.5%
4.6%
Thursday 30 March 2023 23:50
2.7%
4.5%
Thursday 16 March 2023 04:30
-4.6%
-5.3%
Monday 27 February 2023 23:50
-2.6%
-4.6%
Tuesday 14 February 2023 04:30
-0.1%
0.3%
Monday 30 January 2023 23:50
-1.2%
-0.1%
Wednesday 18 January 2023 04:30
-0.1%
0.2%
Tuesday 27 December 2022 23:50
-
-0.1%
Wednesday 14 December 2022 04:30
-
-3.2%
Tuesday 29 November 2022 23:50
-1.5%
-2.6%
Tuesday 15 November 2022 04:30
-1.6%
-1.7%
Sunday 30 October 2022 23:50
-1%
-1.6%
Monday 17 October 2022 04:30
2.7%
3.4%
Thursday 29 September 2022 23:50
0.2%
2.7%
Wednesday 14 September 2022 04:30
1%
0.8%
Tuesday 30 August 2022 23:50
-0.5%
1%
Monday 15 August 2022 04:30
8.9%
9.2%
Thursday 28 July 2022 23:50
3.7%
8.9%
Thursday 14 July 2022 04:30
-7.2%
-7.5%
Wednesday 29 June 2022 23:50
-0.3%
-7.2%
Tuesday 14 June 2022 04:30
-1.3%
-1.5%
Monday 30 May 2022 23:50
-0.2%
-1.3%
Wednesday 18 May 2022 04:30
0.3%
0.3%
Wednesday 27 April 2022 23:50
0.5%
0.3%
Tuesday 19 April 2022 04:30
0.1%
2%
Wednesday 30 March 2022 23:50
0.5%
0.1%
Wednesday 16 March 2022 04:30
-1.3%
-0.8%
Sunday 27 February 2022 23:50
-0.7%
-1.3%
Tuesday 15 February 2022 04:30
-1%
-1%
Sunday 30 January 2022 23:50
-0.8%
-1%
Tuesday 18 January 2022 04:30
7.2%
7%
Monday 27 December 2021 23:50
4.8%
7.2%
Tuesday 14 December 2021 04:30
1.1%
1.8%
Monday 29 November 2021 23:50
1.8%
1.1%
Monday 15 November 2021 04:30
-
-5.4%
Thursday 28 October 2021 23:50
-3.2%
-5.4%
Thursday 14 October 2021 04:30
-3.2%
-3.6%
Wednesday 29 September 2021 23:50
-0.5%
-3.2%
Tuesday 14 September 2021 04:30
-
-1.5%
Monday 30 August 2021 23:50
-2.5%
-1.5%
Monday 16 August 2021 04:30
6.2%
6.5%
Thursday 29 July 2021 23:50
5%
6.2%
Wednesday 14 July 2021 04:30
-5.9%
-6.5%
Tuesday 29 June 2021 23:50
-2.4%
-5.9%
Monday 14 June 2021 04:30
2.5%
2.9%
Sunday 30 May 2021 23:50
4.1%
2.5%
Wednesday 19 May 2021 04:30
2.2%
1.7%
Thursday 29 April 2021 23:50
-2%
2.2%
Monday 19 April 2021 04:30
-2.1%
-1.3%
Tuesday 30 March 2021 23:50
-1.2%
-2.1%
Tuesday 16 March 2021 04:30
4.2%
4.3%
Thursday 25 February 2021 23:50
4%
4.2%
Monday 15 February 2021 04:30
-1.6%
-1%
Thursday 28 January 2021 23:50
-1.5%
-1.6%
Monday 18 January 2021 04:30
0%
-0.5%
Sunday 27 December 2020 23:50
4%
0%
Monday 14 December 2020 04:30
-
4%
Sunday 29 November 2020 23:50
4%
3.8%
Monday 16 November 2020 04:30
4%
3.9%
Thursday 29 October 2020 23:50
3.2%
4%
Wednesday 14 October 2020 04:30
1.7%
1%
Tuesday 29 September 2020 23:50
1.5%
1.7%

Economic context

Recent economic data has been strongly bearish for JPY. Other recent announcements which may affect the market's interpretation of the next Industrial Production (MoM) result:

PreviousLatest
National Consumer Price Index (YoY)Bearish change3.3%3.2%
National CPI ex Food, Energy (YoY)(no change)4.3%4.3%
National CPI ex-Fresh Food (YoY)(no change)3.1%3.1%
Exports (YoY)Bearish change-0.3%-0.8%
Imports (YoY)Bearish change-13.6%-17.8%
Merchandise Trade Balance TotalBearish change¥-66.3B¥-930.5B

About Industrial Production (MoM)

Country:Japan
Currency:JPY
Source:Ministry of Economy, Trade and Industry of Japan
Category:Economic Activity
Frequency:Monthly

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