Earlier we got data on the job market (May) and on inflation (Tokyo, June)
Now Industrial Production data for May (preliminary):
-0.2% m/m … lower but a beat
- expected -1.0%, prior +0.5%
+4.2% y/y … beat
- expected +3.4%, prior +2.6%
Manufacturers also provide their outlook:
- See June output at +0.4% m/m
- See July output +0.8% m/m
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Earlier data: