Revised estimates released by Japan's Ministry of Economy, Trade and Industry Friday showed that month-over-month growth in industrial production for March was upwardly revised to 0.7 percent. Earlier, the ministry estimated the industrial production growth for March at 0.3 percent. The March reading represented a rebound from the 2.3 percent drop recorded for February.Annually, industrial production was up an unadjusted 7.4 percent in March compared with a 7.0 percent rise in February.
Shipments fell a seasonally adjusted 0.2 percent month-over-month and were upwardly revised from the preliminary reading, which represented a drop of 1.2 percent. Annually, shipments were 6.5 percent higher.
Inventories rose a seasonally adjusted 1.4 percent month-over-month while falling 1.4 percent annually.
Production capacity came in at 96.1 percent, unchanged from the February.
Production of transport equipment saw notable month-over-month increases followed by production of information and communication electronic equipment, electronic parts and device and iron and steel.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.