Japan Industrial Output Growth Revised Higher

Japan’s industrial production rose 2.1% month-over-month in June 2025, topping flash data of 1.7% and reversing from a 0.1% fall in the previous month, This marked the first increase since March and the fastest pace in four months, driven by strong gains in transport equipment excluding motor vehicles (16.9% vs -19.2% in May), electronic parts and devices (8.8% vs -14.8%), and general-purpose and business-oriented machinery (1.6% vs 4.4%). On a yearly basis, industrial output surged 4.4%, swinging from a 2.4% decline in May and logging the strongest annual growth since September 2022.