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2026.09.2923:50:00UTC+00Japan’s Industrial Production Outlook Rebounds Sharply With 3.1% Gain Forecast

Japan’s industrial production outlook has swung back into positive territory, with the two-month-ahead forecast rising 3.1% in October 2025 on a month-over-month basis, according to data updated on 29 September 2026. This marks a notable turnaround from the previous reading, which showed a sharp 4.2% month-on-month decline in September 2026.

The figures are based on month-over-month comparisons, meaning the latest October 2025 forecast reflects expected changes versus the previous month, while the earlier September 2026 figure compared activity to August 2026. The shift from a 4.2% contraction to a 3.1% increase in the forecast suggests a significant improvement in sentiment for Japan’s industrial sector over the measured periods, hinting at a potential stabilization after earlier weakness in output expectations.

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