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