Latest data released by METI - 24 May 2019
- Prior -0.2%
Slight delay in the release by the source. The data is often referred to as the monthly GDP reading, it's a tracker production across all sectors of the Japanese economy and follows the GDP growth figures/trend.
The reading here is a little weaker than expected but this reflects economic conditions seen in Q1, which we already had a glimpse of following the GDP data last week. Hence, the release here isn't all too significant.
