Japan Industrial Production Growth stands at 2.21% as of August 2026, up from -0.90% a year earlier. The reading sits in the 44th percentile of its history back to 1956.
| Latest (August 2026) | 2.21% |
| One year ago | -0.90% |
| 10-year range | -23.04% – 20.69% |
| All-time range | -33.33% (2009) – 30.17% (1960) |
| Change over 12 months | +3.1 pts — peaked at 3.56% in 2026 |
| Percentile vs. full history | 44th |
| History | 1956–2026 (848 observations) |
Year-over-year growth in Japan's industrial production: factories, mines, and utilities. Industry is a minority of most modern economies but the majority of their cyclicality, which makes IP one of the most-watched monthly growth gauges: it turns earlier and swings harder than GDP. Sustained contraction alongside weak survey data typically marks a genuine industrial downturn. Data: production indexes via the OECD.
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<a href="https://www.tacticalassetallocation.com/charts/japan-industrial-production/">Japan Industrial Production Growth — Cambria Chart Lab</a>
Data: download CSV (source: OECD key economic indicators).