Industrial Production on the Rise

Japan's seasonally adjusted industrial production index witnessed a significant monthly increase of 2.3%, reaching 102.2 in February. This marks a slight year-on-year growth of 0.1%, as detailed in the revised report by the Ministry of Economy, Trade and Industry (METI) released on Monday.

Shipments and Inventories Show Positive Trends

The shipments index saw a notable 3% increase month-on-month, achieving 101.5, alongside a 1.5% rise compared to the previous year. Meanwhile, the inventories index stood at 100.9, reflecting a 1.7% decrease from the prior month and a 1.4% reduction from March 2024.

Inventory Ratio Adjustments

Adjustments in the inventory ratio were observed at 102.8, indicating a 3.5% decline on a monthly basis but a slight 0.4% increase annually, showcasing the dynamic nature of Japan's industrial sector.