Japan's Industrial Mining Production Index Rose MoM in February

According to statistics released by the Ministry of Economy, Trade and Industry of Japan on the 30th, driven by strong global auto demand, after the seasonal adjustment, the index of industrial production in Japan in February this year was 96.4, up 0.4% from the previous month, and it was the fourth consecutive month in a row. rise.

The data also shows that in February, the index of industrial and mining shipments in Japan rose by 1.7% to 98.0, and the inventory index rose by 1.5% to 101.8.

The industrial and mining production forecast survey released by the Ministry of Industry and Welfare at the same time shows that in March the Japanese industrial mining production index will increase by 1.4%, but this forecast does not take into account the impact of the March 11 earthquake.

The ministry believes that although the overall industrial and mining production in Japan appears to be “signs of improvement” from the data in February, it is necessary to pay attention to the impact of the earthquake on industrial production in the future.


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