Japan data-Industrial Production for August (preliminary)

-0.5 % m/m

  • expected +1.0%
  • prior was -0.8%

+0.2% y/y

  • expected +1.8%
  • prior was 0.0% (flat)

Outlooks from Japanese manufacturers:

  • See September output +0.1 pct m/m (prev forecast: -1.7 pct)
  • See October output +4.4 pct m/m

Also ... the government has cut their assessment of industrial production

-

  • Industrial production has fallen under expectations
  • A fall for the second consecutive month