Japan Industrial Production, preliminary for January -4.6% m/m (expected -2.9%) | Forexlive
While retail sales data from Japan were a solid beat, industrial output is not looking so encouraging:
Japan Industrial Production January preliminary comes in at -4.6% m/m
- biggest drop in 8 months
- expected -2.9%, prior +0.3%
for the y/y, comes in at -2.3%
- expected -0.7%, prior -2.4%
Manufacturers in Japan see
- February output at +8% m/m, up from +4.1% the previous forecast
- March output at +0.7% m/m