Japan preliminary Industrial Production data for May
-2.3% m/m
– expected -0.2%, prior 0.5%
And -0.1% y/y
– expected +1.9%, prior was -3.3%
Very weak IP data indeed. Earthquakes in April will have had an impact, as will the strong yen
Japan data: Industrial Production (May, preliminary): -2.3% m/m (expected -0.2%)
