Japan Industrial Production for August -3.2% m/m (expected -0.5%)

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.