Japan September Industrial Production Preliminary: Positive for JPY

On September 30, 2025, Japan’s Ministry of Economy, Trade and Industry (METI) released the preliminary month-on-month industrial production data for September. The reported figure was -1.2%, with no consensus forecast available; the previous reading was also -1.2%.Definition: The Industrial Production Index is a key economic indicator measuring real output in manufacturing, mining, and utilities. It serves as a major signal of cyclical changes in the national economy. Market impact: If the actual figure exceeds expectations, it is considered supportive for the Japanese yen.This indicator carries a moderate importance rating of 2. It is calculated based on inflation-adjusted changes in total production value by manufacturers, miners, and utility providers. The data is released monthly, with the next publication scheduled for November 28, 2025.

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