February 17, 2025 at 04:42AM
Japan December 2024 Industrial Production is not encouraging:
-0.2% m/m
preliminary +0.3% m/m, prior -2.2%
-1.6% y/y
prelim was -1.1%
prior -2.7%
Capacity Utilization -0.2% m/m
prior -1.9%
Also out is Japan Tertiary Industry Activity Index for December
+0.10%
expected: 0.20, prior -1.20
***
USD/JPY is lower on the session following the huge beat for Q4 GDP:
Japan Q4 GDP surges to +2.8% annualized (from +1.0% expected), deflator hits 2.8% – yen up
USD/JPY traded under 152.00 after the very strong Q4 economic growth data
This article was written by Eamonn Sheridan at www.forexlive.com.
Japan December 2024 Industrial Production -0.2% m/m (preliminary 0.3% m/m prior -2.2%)
