Industrial production down 33.7% in April

Published: 11.06.2020 Related countries:  Japan Japan

Industrial production dropped 23.4% m/m and 33.7% y/y in April 2020.

The most significant weakening was recorded in the manufacture of motor vehicles, trailers and semi-trailers (contribution -15.7 pp; decrease by 80.1%). Revenues from industrial activity at current prices decreased by 35.5% y/y. The value of new orders decreased by 42.0%. New orders from abroad decreased by 44.6%, while domestic new orders decreased by 36.3%.