Japan Industrial production for August, preliminary 0.7% m/m
- expected +1.4% m/m, prior -0.1%
for the y/y, comes in at 0.6%%
- expected +1.5% y/y, prior +0.1%
This is a disappointment. Expectations were for a big improvement on the July numbers, but have not been met.
Along with the August results, there are outlooks published also:
- For September output is seen at +2.7% m/m
- For October seen at +1.7% m/m
If you'd like some cheerier Japanese data, retail sales for August were a beat