Latest data released by the Japan Automobile Manufacturers Association - 28 February 2018
- Prior y/y +1.3%; revised to +2.1%
A relatively minor data point, measures the domestic production of cars, light trucks, and commercial vehicles in the country.
The data shows that the production fell to 732,092 units in January from a year earlier. Just a glimpse into the auto sector of the Japanese economy.
USD/JPY sitting at 107.18 currently, EUR/JPY at 131.06, and GBP/JPY at 149.02 - all pairs just off lows posted earlier after the BOJ decided to "taper" JGB purchases on the long-end by a little.
