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Japan Industrial Production Growth Misses Consensus Estimate

From bnnbloomberg.ca

Japan’s industrial production rebounded at a pace that was weaker than expected, ahead of a closely watched Bank of Japan policy meeting. Factory output increased 0.2% in September from a month earlier, the industry ministry said Tuesday, missing economist expectations of a 2.5% gain. Automakers supported the rise, while production machinery output dragged on the overall figures. The reading fell 4.6% compared with a year earlier. Output in the July-September quarter retreated 1.3% from the previous period. Separate industry ministry data showed retail sales marginally decreased for the first time in three months in ... (full story)

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  • Category: Fundamental Analysis