Japan Industrieproduktion (Monatlich)

Industrial production in Japan increased by 2.8% month-over-month in July 2024, mostly recovering from the steepest fall since January of 4.2% in the prior month while falling short of market forecasts of a 3.3% growth, preliminary data showed. It was the third time of rise year to date in industrial output, mainly contributed by electrical machinery, and information and communication electronics equipment (7.5% vs -2.8% in June), production machinery (7.0% vs -9.0%), and electronic parts and devices (9.7% vs -5.8%). Yearly, industrial output grew by 2.7% in July, a reversal from a 7.9% plunge in June and the strongest rise since January 2023.