Latest data released by METI - 25 June 2020
- Prior -3.8%; revised to -3.4%
Slight delay in the release by the source. The data is often referred to as the monthly GDP reading, it's a tracker production across all sectors of the Japanese economy and follows the GDP growth figures/trend.
Even with the drop in output activity in March, the month of April still reflected much worse conditions and that isn't so much of a surprise given what we know about the impact of the virus outbreak - not to mention state of emergency measures in Japan.
