Japan – Industrial Production for April (preliminary reading): -2.5% m/m (vs. expected -2.0%)

Japan – Industrial Production for April (preliminary reading): -2.5% m/m

• expected -2.0%
• prior was 0.7%

And:

Industrial Production (preliminary) +4.1% y/y

• expected 4.5%, prior was 7.4%

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More from the Ministry of Economy, Trade and Industry (METI):

• Japan manufacturers see May output at +1.7% m/m (previous forecast at +0.1 %)
• Japan manufacturers see June output -2.0% m/m
• The ministry downgraded its assessment of output, saying it is flattening out as a trend

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Meanwhile, the yen is doing very little.

Other data out from Japan a little earlier today:

• National CPI for April: 3.4% y/y (vs. expected 3.4%) (plus the rest of the CPI data)

• Japan – Overall Household Spending for April: -4.6% y/y (vs. expected -3.4%)
• Japan – Jobless Rate for April: 3.6% (expected 3.6%)