Japan Industrial Production (preliminary, June 2024) -3.6% m/m (expected -4.8%)

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Japan Industrial Production (preliminary, June 2024) -3.6% m/m (expected -4.8%)

Slumping factory output

Japanese manufacturers' outlooks:

• see August output +0.7% m/m
• see July output +6.5% m/m

I doubt the BoJ is paying too much attention to today's data but this is probably indicative of on hold given the weakness.

                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: Japan Industrial Production (preliminary, June 2024) -3.6% m/m (expected -4.8%)

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