Japan industrial production has slumped in the wake of trade tensions, Feb showing a bounce back from the very poor January result

1.4% m/m, in line

  • expected 1.4% m/m, prior -3.4%

-1.0% y/y, beat (not as bad as expected)

  • expected -1.1% y/y, pri 0.3%

The survey by Japan's Ministry of economy, Trade and Industry also garners 'outlooks':

  • March seen at +1.3%
  • April seen at +1.1%

Yen little changed in the wake of the data, a tad stronger but range is tiny.