Japan Industrial Production (June, preliminary) -2.0% m/m
- vs. expected -1.4% and prior +2.4%
- -2.5% y/y vs. expected -1.4% and 0% prior
Japan’s government cuts its assessment of industrial output, says IP is see-sawing.
Forecasts:
- IP seen at +2.6% in August
- seen at +2.4% in September