Monitor JN Prelim Industrial Production m/m to gauge economic health and business cycle responsiveness.
This indicator serves as a key gauge of economic health, as production swiftly responds to fluctuations in the business cycle. It correlates closely with consumer factors, including employment rates and income levels. There are two versions of this indicator released approximately 15 days apart: the Preliminary and the Revised, with the Preliminary release usually having the greatest impact.
What it Measures
It measures the change in the total inflation-adjusted value of output generated by manufacturers, mines, and utilities.
Usual Effect
An 'Actual' figure that exceeds the 'Forecast' is favorable for the currency.
Source & Frequency
METI (latest release) - https://www.meti.go.jp/english/ • This indicator is published monthly, roughly 30 days after the conclusion of the preceding month.
How Data is Derived
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Also Known As
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Acronym
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