Japan Industrial Production for May 2025, preliminary, +0.5% m/m for a huge miss
expected +3.4%, prior -1.1%
and -1.8% y/y
prior +0.5%
Industrial Production forecast 1 month ahead +0.3% m/m
prior -3.4%2 months ahead seen at -0.7%
Data via Ministry of Japan’s Economy, Trade and Industry Ministry
Exports hit by US tariffs.
more to come
Earlier re Japan:
BOJ turns dovish – leans on ‘underlying inflation’ to justify slow hikes, messaging murky
This article was written by Eamonn Sheridan at www.forexlive.com.