Japan Industrial Production for August
-3.2 % m/m
- expected -0.5% m/m, prior -1.5%
9.3 % y/y
- expected +4.3% y/y, prior +11.6%
Forecasts for:
- 1 month ahead +0.2%
- 2 months ahead +6.8%
Japan’s government assesses that IP is stalling, cites in part the ongoing chip shortage.