Japan April industrial production
-0.9% m/m
- expected –1.4%, prior +0.2%
+0.7% y/y
- expected +0.1%, prior +1.0%
Forecast 1 month ahead (ie May) is +9% m/m
- and for 2 months ahead (June) is -3.4% m/m
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The most focus is on the rising inflation data in Japan:
- Tokyo May 2025 headline CPI +3.4% y/y (3.4% expected)
- USD/JPY dips to 143.80 after solid Tokyo inflation data
