Japan – Industrial Production for April (preliminary reading): -2.5% m/m

  • expected -2.0%
  • prior was 0.7%

And:

Industrial Production (preliminary) +4.1% y/y

  • expected 4.5%, prior was 7.4%

More from the Ministry of Economy, Trade and Industry (METI):

  • Japan manufacturers see May output at +1.7% m/m (previous forecast at +0.1 %)
  • Japan manufacturers see June output -2.0% m/m
  • The ministry downgraded its assessment of output, saying it is flattening out as a trend

Meanwhile, the yen is doing very little.

Other data out from Japan a little earlier today: