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Japan Capacity Utilization MoM fell to -1.9 in November 2024, released January 2025, down 4.5 from October's 2.6 reading. The reading missed the 0.2 consensus by 2.1. Capacity Utilization MoM has now declined for 3 consecutive months. Over the past 3 months, Capacity Utilization MoM averaged 3.5, vs -1.97 in the prior 3-month window. The reading is in the 27th percentile of the trailing 24-month range.
The January 2025 reading fell from the previous value of 2.6. Historically, this indicator is negatively correlated with USD/JPY (Bullish JPY) and negatively correlated with EUR/JPY (Bullish JPY).
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| Wednesday, May 13, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 05:00 | Eco Watchers Survey Outlook | 39.4 | 38.7 | 36 | 37.70 | Low | |
| 05:00 | Eco Watchers Survey Current | 40.8 | 42.2 | 41.6 | 41.20 | Low | |
| Thursday, May 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 23:50 | Producer Price Index YoY | 2.6 | 3 | 3.00 | Low | ||
| 23:50 | Producer Price Index MoM | 0.8 | 0.7 | 0.70 | Low | ||
| Friday, May 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:00 | Machine Tool Orders YoY | 28.1 | 28.1 | 28.10 | Low | ||