Industrial Production Japan
The volume of items produced in Japan mining and manufacturing industries. All products, whether sold domestically or abroad, are included in the calculation of industrial production. Industrial production is highly sensitive to the business cycle and can often predict future changes in employment, earnings, and personal income. For these reasons industrial production is considered a reliable leading indicator that conveys information about the overall health of the Japanese economy. The headline value is the percentage change in the index from the previous month or year.
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