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Japan’s industrial production slips -2% in Jul, but retail sales resilient

Japan’s industrial production took a hit in July, falling by a worse-than-expected -2.0% mom, versus consensus forecast of -1.4% mom. The seasonally adjusted production index stumbled to 103.6, based on 2020 base of 100. Production was primarily pulled down by substantial drops in electronic parts and devices, which declined -by 5.1% mom. Also, production machinery […] The post Japan’s industrial production slips -2% in Jul, but retail sales resilient appeared first on Action Forex... Read More

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Japan

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Jul

Retail

Sales

Japan s

Resilient

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Posted: Aug 31 2023, 04:22

Author Name: actionforex

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