HomeLive CommentsJapan industrial production rose 2.5% mom, retail sales rose 12% yoy

Japan industrial production rose 2.5% mom, retail sales rose 12% yoy

ActionForex
By ActionForex

Japan industrial production grew 2.5% mom in April, below expectation of 4.1% mom. Manufacturers surveyed by the Ministry of Economy, Trade and Industry (METI) expected output to contract -1.7% in May, followed by a 5.0% rebound in June.

Retail sales rose 12.0% yoy, below expectation of 15.4% yoy. Over the month, sales dropped -4.5% mom on a seasonally adjusted basis.

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