More evidence of slowing Japanese economy?

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 29, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Today's Japanese Jan retail sales came much lower-than-expected, while industrial production data saw a minor improvement, despite in a survey carried out by the Ministry of Trade, manufacturers see February output at -5.2% m/m and March at +3.1% m/m, not a pretty scenario it suggests.

    Japanese retail sales came at -1.1% m/m vs +0.1% expected and -0.3% prior, while the yearly reading stood at -0.1 % y/y vs +0.1% expected and -1.1% last. As per industrial production, it came at +3.7 % m/m vs +3.2% expected and -1.7% last, with the yearly reading at -3.8 % y/y vs -3.8% exp and -1.9% prior.
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