Japan govt official says several companies say US tariffs caused delay shipment in April

Japan govt official on factory output:

• Several companies in production machinery industry say U.S. tariffs caused delaying shipment of products in April

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The official was referencing the poor data earlier:

• Japan April industrial production -0.9% m/m (expected -1.4%)

While down on the month it wasn’t down as much as expected.

This article was written by Eamonn Sheridan at www.forexlive.com.