Japan industrial production has slumped in the wake of trade tensions, Feb showing a bounce back from the very poor January result
1.4% m/m, in line
- expected 1.4% m/m, prior -3.4%
-1.0% y/y, beat (not as bad as expected)
- expected -1.1% y/y, pri 0.3%
The survey by Japan’s Ministry of economy, Trade and Industry also garners ‘outlooks’:
- March seen at +1.3%
- April seen at +1.1%
mtc more to come