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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
JapanJapan Industrial Production YoY -. fell to -0.2% in September 2013
FMPMonthlyReleased September 2013
Japan Industrial Production YoY -. fell to -0.2% in September 2013, down 2.0% from August's 1.8% reading.
Latest Release
-0.200000
Actual
—
Consensus
1.800000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/JPY | ▼ Inverse | −0.50 | FOREX | Bullish JPY | → View |
| EUR/JPY | ▼ Inverse | −0.45 | FOREX | Bullish JPY | → View |
| Nikkei 225 | ▲ Direct | +0.45 | INDEX | Bullish JP | → View |
| GBP/JPY | ▼ Inverse | −0.40 | FOREX | Bullish JPY | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Industrial Production YoY -. (Japan) was reported at -0.2% in September 2013. The reading fell from the previous value of 1.8%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/JPY (Bullish JPY). A secondary relationship exists with EUR/JPY, negatively correlated (Bullish JPY).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Monetary Policy Statement (Jun 16) and BoJ Interest Rate Decision (Jun 16).
Auto-generated from current model state · Refreshes on each release · Last update September 2013.
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Industrial Production YoY -. - JP
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About Industrial Production YoY -. — Japan
DEFINITION
Industrial Production YoY (Year-over-Year) is a financial indicator that measures the change in the total output of industrial sectors within a country over a 12-month period. It provides valuable insights into the overall health and growth of the industrial sector, which is a key driver of a country's economy. A positive YoY growth indicates an increase in production, while a negative YoY growth signals a decline. This indicator is closely monitored by investors, policymakers, and analysts to assess the current and future economic conditions of a country.
WHY THIS INDICATOR MATTERS
Manufacturing and factory-order series capture cyclical inflection earlier than aggregate output, and have outsized influence on industrial-sector equities. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Sep 2013): actual -0.2 %. Prior reading (Sep 2013): -0.2 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print. Current dynamics are the primary neutral force in the projection. This indicator correlates most strongly with USD/JPY (Bullish JPY, r=-0.50) — a useful reference for forex-focused traders.