Producer Prices Index: Stage of Processing: Finished Goods: Domestic for Japan
Growth rate same period previous year, Monthly
JPNPISPFG02GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.01
Year-over-Year Change
15.63%
Date Range
1/1/1971 - 4/1/2022
Summary
The 'Growth rate same period previous year, Monthly' trend measures the year-over-year change in Japan's industrial production index, providing insight into the country's manufacturing output and economic performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator tracks the monthly percentage change in Japan's industrial production compared to the same month in the previous year. It is a key metric used by economists and policymakers to analyze Japan's manufacturing sector and broader economic conditions.
Methodology
The data is collected through surveys of industrial companies and calculated by Japan's Ministry of Economy, Trade and Industry.
Historical Context
Monitoring industrial production growth is important for understanding Japan's economic health and informing fiscal and monetary policy decisions.
Key Facts
- Japan is the world's third-largest economy.
- Manufacturing accounts for about 20% of Japan's GDP.
- Industrial production is a leading indicator of economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percentage change in Japan's industrial production index, providing insight into the country's manufacturing output.
Q: Why is this trend relevant for users or analysts?
A: Industrial production is a key indicator of economic health, and monitoring its growth rate is important for understanding Japan's manufacturing sector and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial companies and calculated by Japan's Ministry of Economy, Trade and Industry.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this industrial production growth rate to inform fiscal and monetary policy decisions aimed at supporting Japan's economic performance.
Q: Are there update delays or limitations?
A: The data is released monthly, with a typical lag of 1-2 months between the reference period and publication.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (JPNPISPFG02GYM), retrieved from FRED.