Japan data - December (final) Industrial Production 0.3% m/m (prior 0.2%)

The preliminary for this is here:

• Japan preliminary December Industrial Production -0.1% m/m (expected -1.2%)

The final has come in at a much better +0.3% m/m

• For the y/y, comes in at -2.4% from -0.9% in November.
• Capacity utilization -1.1% m/m, November was -1.04%

Earlier we had other data from Japan:

• Japan Q4 2022 GDP (preliminary) 0.2% q/q, missing estimate of 0.5%
• Japan GDP disappointing - new BOJ Gov will find it difficult to start any normalization.