Preliminary July Industrial Production figures were out for Japan earlier
post is here
(But ...
-0.6% m/m,
- expected +0.1%, prior was +1.1%
+0.2% y/y,
- expected +0.8%, prior was +2.3% )
Says Toru Suehiro, an economist at Mizuho Securities Co. :
- "Production is sluggish because private consumption and exports remain weak
- "Concern about China and emerging economies is posing a risk to output."
