Japan - Industrial Production for April, preliminary reading
4.0% m/m ... for a miss on the expected, but nicely ahead of march
- expected +4.2% m/m, prior -1.9%
5.7% y/y ... miss (and see above for "ditto")
- expected +6.1% y/y, prior +3.5%
In addition to the preliminary output data we also get an "outlook" from Japanese manufacturers:
- For May, output seen at -2.5% m/m
- For June, seen at +1.8% m/m
Japan Industrial Production (April, preliminary): +4.0% m/m (expected +4.2%)
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