Japan Inc. has been a big beneficiary of fiscal and monetary stimulus
This is data for industrial production, but jus the preliminary, for November
Industrial Production m/m for November (preliminary reading), 0.6% ... beat
- expected 0.5%, prior was 0.5%
Industrial Production y/y (Nov. preliminary), 3.7% ... beat
- expected 3.6%, prior was 5.9%
As part of this survey there is also a 'what do you expect?' for the coming months:
- manufacturers expect December output to be +3.4% m/m (previously for December had expected +3.5%)
- And for January, expect -4.5%
METI (trade and industry ministry) have boosted their assessment of industrial production as pasrt of this release.
