Japan data for September 2023:
Preliminary Industrial Production +0.2% m/m ... very disappointing
- expected 2.5%, prior -0.7%
- fo the y/y -4.6% (exp -2.3%, prior -4.4%)
- forecast 1 month ahead is +3.9% (prior +5.8%)
- forecast 2 months ahead is -2.8% (prior +3.8%)
Retail sales for September +5.8% y/y and a small miss
- expected +5.9%, prior +7.0%
![ueda boj Bank of Japan 15 May 2023](https://images.forexlive.com/images/ueda%20boj%20Bank%20of%20Japan%2015%20May%202023_id_88cacc40-d625-4f6c-88fa-e5727c2ffd6c_original.jpg)
After the statement later today we'll hear from Bank of Japan Governor Ueda at 0630 GMT.