More Japanese data
Industrial Production m/m for June (preliminary reading), +1.9%
- expected 0.5%, prior was -2.6%
Industrial Production y/y for June (preliminary), -1.9%
- expected -2.9%, prior was -0.4%
More on the IP data:
- Manufacturers see July output at +2.4% m/m
- See August output +2.3% m/m
- Japanese government says production is stagnating but some areas showing recovery
Retail Trade for June m/m, +0.2%
- expected 0.3%, prior -0.1%
Retail Trade for June y/y, -1.4%
- expected -1.2%, prior -2.1%
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Earlier:
- CPI
- Household spending and employment data
I highlighted what I though were the, ahhh, lowlights in these two data posts; seems to me the reasons for further BOJ easing are there.
