FX.co ★ Japanese Industrial Production Slows Down Slightly to 2% in March 2023

According to the latest data released on February 28, 2024, Japanese industrial production saw a slight dip in March 2023, with the current indicator halting at 2%, down from the previous indicator of 2.2% in February 2024. This decrease in the production growth rate indicates a minor slowdown in the Japanese industrial sector. The comparison period, which is month-over-month, shows that the production change for March 2023 compared to the previous month. While the drop is modest, it suggests a potential shift in the economic landscape of Japan. Investors and analysts will be keeping a close eye on future industrial production data to assess the trajectory of the country's economy.