Japan Industrial Production for October (preliminary): +3.8% m/m (expected 2.2%)

Japan Industrial Production for October was expected to grown, but at a slowing pace from September.

+3.8 % m/m for a better than expected

• expected 2.2% m/m, prior 3.9%

-8.2 % y/y

• expected -4.6% y/y, prior -9.0%

As for outlooks from the Ministry (METI, the Ministry of Economy, Trade and Industry)

• November output seen +2.7% m/m
• December seen at -2.4% for industrial output