Industrial output

Industrial output production is lead by manufacturing (6.5% yoy) but reduced mining (-4.8% yoy) and electricity & gas (-1.3% yoy).  And Industrial output shipment led by mining (5.4% yoy) and manufacturing (3.8% yoy) but reduced electricity & gas (-1.9% yoy).

Manufacturing

Manufacturing production is marked to 2.8% yoy in April 2024 from -6.0% yoy in March 2024, and -5.9% yoy in February 2024.

Manufacturing shipment rose to 3.8% yoy in April 2024 from -3.6% yoy in March 2024 and -0.9% yoy in February.  Domestic shipment marked 0.9% yoy in April from -7.4% yoy in March 2024 and -3.6% yoy in February 2024.  Exports shipment marked 7,9% yoy in April 2024 from 1.2% and 3.1% yoy in February 2024.

Manufacturing inventory reduced -7.8% yoy in April 2024 from -3.8% yoy in March 2024 and -3.0% yoy in February 2024.

These items are led the;

Increase Decrease Decrease

Production
  • Semiconductors (22.3% yoy)
  • Electronics parts (12.4% yoy)
  • Medicines (17.2% yoy)
  • Electric equipment (-15.1% yoy)
  • Primary steel (-15.1% yoy)
  • Computers (-21.2% yoy)

Shipment
  • Semiconductors (18.6% yoy)
  • Petroleum (10.3% yoy)
  • Chemical products (5.5% yoy)
  • Electric equipment (-16.0% yoy)
  • Primary steel (-2.2% yoy)
  • Clothes and fur (-8.7% yoy)

Inventory
  • Electronics part (30.2% yoy)
  • Automobiles (8.4% yoy)
  • Other transportation equipment (11.6% yoy)
  • Semiconductors (-21.1% yoy)
  • Machinery equipment (-6.6% yoy)
  • Computers (-40.0% yoy)
Increase Items

Production

 Increase

  • Semiconductors (22.3% yoy)
  • Electronics parts (12.4% yoy)
  • Medicines (17.2% yoy)

Decrease

  • Electric equipment (-15.1% yoy)
  • Primary steel (-15.1% yoy)
  • Computers (-21.2% yoy)

Shipment

 Increase

  • Semiconductors (18.6% yoy)
  • Petroleum (10.3% yoy)
  • Chemical products (5.5% yoy)

Decrease

  • Electric equipment (-16.0% yoy)
  • Primary steel (-2.2% yoy)
  • Clothes and fur (-8.7% yoy)

Inventory

 Increase

  • Electronics part (30.2% yoy)
  • Automobiles (8.4% yoy)
  • Other transportation equipment (11.6% yoy)

Decrease

  • Semiconductors (-21.1% yoy)
  • Machinery equipment (-6.6% yoy)
  • Computers (-40.0% yoy)

Manufacturing performance and operation ratio

Manufacturing performance rose 1.4% yoy in April 2024 from 1.6% yoy in March 2024 and 1.4% yoy in February 2024.

Semiconductors (9.3% yoy), electronics part (2.1% yoy) and food (8.0% yoy) led the increase but elevtric equipment (-7.0% yoy), primary steel (-3.6% yoy) and communication, broadcasting equipment (-11.9% yoy) are reduced.

And manufacturing operation ratio rose 3.1% yoy in April 2024 from -2.2% yoy in March 2024 and 1.6% yoy in February 2024.