Japan Industrial Production (June, preliminary) -2.0% m/m

  • vs. expected -1.4% and prior +2.4%
  • -2.5% y/y vs. expected -1.4% and 0% prior

Japan's government cuts its assessment of industrial output, says IP is see-sawing.

Forecasts:

  • IP seen at +2.6% in August
  • seen at +2.4% in September
Japan factory 31 March 2023