Japan Industrial Production for March (preliminary): +2.2% m/m (expected -2.0%)

Japan Industrial Production for March (preliminary)

+2.2% m/m for a solid beat

• expected -2.0% m/m, prior -1.3%

+4.0% y/y

• expected -0.6% y/y, prior -2.0%

Outlooks ahead:

• April seen at +8.4% m/m
• May seen -4.3% m/m

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Earlier from Japan:

• Japan - Tokyo area headline CPI for April -0.6% y/y (vs. expected -0.2%)
• Japan Jobless (Unemployment) rate for March: 2.6% (expected 2.9%)