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%
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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
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Meanwhile, the yen is doing very little.
Other data out from Japan a little earlier today: