Japan Industrial Production for June (preliminary): -3.3% m/m (vs. -1.2% expected)

Industrial Production for June, preliminary, -3.3% m/m

• expected -1.2%
• prior was +0.7%

Industrial Production for June, preliminary, +3.2% y/y

• expected +5.2%
• prior was +1.0%

–

• Japan manufacturers forecast for July output is +2.5% m/m (prior forecast was +1.5%)
• Japan’s METI (Ministry of Economy, Trade and Industry) downgrades assessment of industrial output – says it has weakened