EPISODE · Jun 30, 2026 · 4 MIN
生産は一進一退、在庫率が急反転 | 2026年6月30日 / 経済産業省 / 鉱工業生産指数（速報）
from Nakajima Quant Desk - Japanese
2026年5月の鉱工業生産指数（速報）を徹底解剖。生産は前月比+0.5%と2か月連続上昇も、在庫率が前月比+1.8%と3か月ぶりに急反転。輸送機械（除自動車）・石油・化学が牽引する一方、汎用・業務用機械・電気情報通信機械が大幅低下。在庫サイクルの現在地と6月・7月の生産予測から、日本製造業の真の体力を読み解く。 ▶️ YouTube本編動画: https://youtu.be/3Pr2I4VZZGw
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生産は一進一退、在庫率が急反転 | 2026年6月30日 / 経済産業省 / 鉱工業生産指数（速報）
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