Retail Sales for May came in at -2.8%, as forecast.

May Industrial Output +5.9% mth/mth, lower than the expected +7%. It was the third straight month of increases.

June Manufacturers’ output seen +3.1% and July Manufacturers’ output forecast seen +0.9%, as companies restock after aggresively working down inventories to cope with a fall in global demand.

No change in USDJPY.