Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Domestic for Japan
Growth rate same period previous year, Quarterly
JPNPITGND02GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.26
Year-over-Year Change
-463.48%
Date Range
1/1/1971 - 1/1/2022
Summary
This economic trend measures the year-over-year growth rate of Japan's Industrial Production Index on a quarterly basis. It provides insight into the pace of Japan's industrial activity and economic growth.
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
The Growth rate same period previous year, Quarterly metric tracks the percent change in Japan's Industrial Production Index compared to the same quarter of the previous year. This gives economists and policymakers a sense of the momentum and direction of the country's industrial sector.
Methodology
The data is calculated based on Japan's monthly Industrial Production Index reported by the country's Ministry of Economy, Trade and Industry.
Historical Context
This trend is closely monitored by analysts to gauge Japan's manufacturing competitiveness and overall economic health.
Key Facts
- Japan is the world's third-largest economy.
- Manufacturing accounts for 20% of Japan's GDP.
- The Industrial Production Index is a key economic indicator.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in Japan's Industrial Production Index on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the momentum and direction of Japan's manufacturing sector, which is a critical component of the country's overall economic health.
Q: How is this data collected or calculated?
A: The data is calculated based on Japan's monthly Industrial Production Index reported by the country's Ministry of Economy, Trade and Industry.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this trend to gauge Japan's manufacturing competitiveness and inform decisions around fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, so there may be a delay of several months before the latest figures are available.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (JPNPITGND02GYQ), retrieved from FRED.