JAPAN’S motor vehicle sales dropped in February for the first time in five months, in the latest sign of fallout from the global shortage of semiconductors.

Sales of cars, trucks and buses slid 2.2 percent from a year ago, the Japan Automobile Dealers Association reported Monday.

The sales drop is a byproduct of the worldwide chip shortage and could temporarily add to Japan’s issues just as its emerges from a two-month state of emergency set to be lifted in the Tokyo area late this week. Sliding consumption amid government calls for reduced hours at restaurants and bars is seen pushing the economy back into contraction this quarter.

Still, economist Koya Miyamae at SMBC Nikko Securities Inc. expects pentup demand to increase vehicle sales once semiconductors supplies allow automakers including Nissan Motor Co., Honda Motor Co. and Subaru Corp. to crank up factory lines again.

“It’s a supply-side problem,” he said, adding that he sees Japanese consumers continuing to buy roughly 5.2 million vehicles a year once the chip bottleneck eases.

In the meantime, last month’s earthquake off the coast of Fukushima could temporarily hit sales for Japan’s biggest automaker, Toyota Motor Corp., Miyamae said.(SD-Agencies)