Japan June final industrial production +1.9% vs +2.7% m/m prelim

Author: Justin Low | Category: News

Latest data released by METI - 17 August 2020


  • Industrial production -18.2% vs -17.7% y/y prelim
  • Capacity utilisation +6.2% m/m
  • Prior -11.6%
The preliminary figures can be found here. A slight downwards revision but it just reaffirms that there is a slight pickup in factory activity after bottoming out in May.

That said, the escalating virus situation in July may be a cause for concern towards overall Japanese economic activity and we'll have to see how that will factor into growth conditions in the coming months ahead.
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