Japan's industrial production declined more than initially estimated in March, final data released by the Ministry of Economy, Trade and Industry (METI) showed Monday.
The seasonally adjusted industrial production dropped 0.8 percent month-on-month in March, a steeper drop than the 0.3 percent fall estimated initially. Industrial production decreased an unadjusted 1.7 percent annually in March compared to a 1.2 percent decline expected initially.
Shipments dropped 0.6 percent on month versus preliminary estimate of a 0.3 percent fall. Annually, shipments decreased 2.3 percent, steeper than the 1.9 percent drop predicted originally.
The inventory ratio rose 0.9 percent on month and was 6.2 percent higher year-over-year. Capacity utilization rate declined 1.2 percent points month-over-month to 99.8 percent. Compared to the previous year, it fell 2.7 percent points.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.