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Japan October Industrial production (preliminary) +1.0% m/m (expected 0.8%)

Data from Japan for October 2023

  • a beat for IP
  • a miss for retail

Japanese manufacturers’ forecasts:

  • expect November output at -0.3% m/m (prior forecast was -2.8%)
  • expect December output at +3.2% m/m

A Japanese govt official on industrial output:

  • overall motor
    vehicle production went up in October, but regular passenger car
    output went down partly due to Toyota’s output disruption

www.forexlive.com

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