Japanese industrial production for March 2024, preliminary
+3.8% m/m, according to a government spokesperson, expansion thanks to the resumption of automobile factories
- expected +3.3%, previously -0.6%
-6.7% over one year
- expected -6.6%, previously -3.9%
Manufacturers expect production for April at +4.1% m/m and for May at +4.4% m/m
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Retail sales in Japan for March 2024
-1.2% m/m
- expected -0.6%, previously 1.5%
+1.2% y/y, a failure but expanding for the 25th consecutive month
- expected +2.4%, previously +4.7%
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USD/JPY remains little changed around 156.30
cnbctv18-forexlive
