AI Data Insight
Japan's preliminary industrial production year-on-year growth rate for the third quarter of 2026 (September) fell to 1.9%, further slowing from the previous value of 3.4%. Although traditional industries such as steel and chemicals showed contraction, driven by the recovery in automobile and machinery output, the month-on-month growth rate significantly beat market expectations. Moving forward, supported by AI capital expenditure and the official optimistic forecast for October output, the manufacturing sector is expected to maintain a long-term recovery.