Japan’s industrial production rose 1.4% month-over-month in October 2025, beating market expectations of a 0.6% decline but easing from a 2.6% gain in the previous month, flash data showed. This marked the second consecutive monthly increase, supported by continued strength in key sectors. Motor vehicle production jumped (6.6% vs 1.0% in September) as supply chain conditions improved and export demand remained firm. Also, electrical machinery and information and communication electronics equipment expanded further (4.2% vs 4.9%). Transport equipment excluding motor vehicles rebounded sharply (5.8% vs -6.4%), reflecting recovering orders. On an annual basis, industrial production grew 1.5%, moderating from September’s 3.8% rise but still indicating a steady recovery in manufacturing momentum.