Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Domestic for Japan
Growth rate same period previous year, Monthly
JPNPITGND02GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.51
Year-over-Year Change
-31.08%
Date Range
1/1/1971 - 4/1/2022
Summary
The growth rate same period previous year, monthly measures the year-over-year change in Japan's industrial production. This key indicator provides insights into the health and direction of the Japanese economy.
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 series tracks the month-over-month percentage change in Japan's industrial production compared to the same month of the previous year. It is an important barometer of manufacturing activity and overall economic performance.
Methodology
The data is collected through surveys of Japanese industrial and manufacturing firms.
Historical Context
Policymakers and analysts use this metric to assess Japan's macroeconomic conditions and make informed decisions.
Key Facts
- Japan is the world's third-largest economy.
- Industrial production accounts for nearly 30% of Japan's GDP.
- Growth rate same period previous year reached a high of 22.9% in April 2021.
FAQs
Q: What does this economic trend measure?
A: This metric measures the year-over-year percentage change in Japan's industrial production, providing insights into the manufacturing sector and overall economic performance.
Q: Why is this trend relevant for users or analysts?
A: The growth rate same period previous year is a key indicator of Japan's economic health and can help policymakers and investors make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Japanese industrial and manufacturing firms.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Japan's macroeconomic conditions and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (JPNPITGND02GYM), retrieved from FRED.