Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Main Industrial Groupings (MIG): Energy for Japan
JPNPRENTO01IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
101.85
Year-over-Year Change
9.03%
Date Range
1/1/1998 - 3/1/2024
Summary
This economic indicator measures the production volume of energy-related goods in Japan's main industrial sectors. It provides insight into the overall state of the country's industrial activity and energy consumption.
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 Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Main Industrial Groupings (MIG): Energy for Japan series tracks the output of energy-related products across Japan's major industries. It serves as a barometer for the broader health of the Japanese economy and energy market.
Methodology
The data is collected and calculated by Japan's Ministry of Economy, Trade and Industry.
Historical Context
This indicator is closely watched by policymakers, market analysts, and industry participants to assess Japan's industrial output and energy demand trends.
Key Facts
- Energy accounts for over a quarter of Japan's total industrial production.
- This indicator has remained below pre-pandemic levels since 2020.
- Japan is the world's third-largest economy and a major energy consumer.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the production volume of energy-related goods across Japan's major industrial sectors, providing insight into the country's overall industrial activity and energy consumption.
Q: Why is this trend relevant for users or analysts?
A: The energy production indicator is closely watched by policymakers, market analysts, and industry participants as a barometer for the broader health of the Japanese economy and energy market.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Japan's Ministry of Economy, Trade and Industry.
Q: How is this trend used in economic policy?
A: This indicator is used by policymakers, economists, and industry analysts to assess Japan's industrial output and energy demand trends, which informs decision-making and policy responses.
Q: Are there update delays or limitations?
A: This indicator is published monthly, but may be subject to revisions and can lag behind current economic conditions.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Main Industrial Groupings (MIG): Energy for Japan (JPNPRENTO01IXOBSAM), retrieved from FRED.