Japan December industrial output -1.0% m/m vs -0.8% expected
- Prior was +7.0%
- Manufacturers see January output up 5.2% m/m
- Manufacturers see Feb output up 2.2% m/m
The better forecasts take the sting out of this miss. If anything, there’s more good news here than bad. JPY is unmoved.
Read More: Japan December industrial output -1.0% m/m vs -0.8% expected