January 20, 2025 at 04:35AM
Earlier:
Japan Industrial Production for November (preliminary)
Final readings now:
Industrial Production Final (MoM) (Nov)
-2.2%
Forecast
-2.3%,
Previous
-2.3%
And -2.7% y/y
prior -2.8%
—
Industrial Production released by the Ministry of Economy, Trade and Industry measures outputs of the Japanese factories and mines. Changes in industrial production are widely followed as a major indicator of strength in the manufacturing sector.
A high reading is seen as bullish for the JPY, whereas a low reading is seen as bearish.
This article was written by Eamonn Sheridan at www.forexlive.com.
Japan data – Industrial Production (MoM) (Nov)-2.2% (expected -2.3% prior -2.3%)