Japan Industrial Production for May 2025, preliminary, +0.5% m/m for a huge miss
- expected +3.4%, prior -1.1%
and -1.8% y/y
- prior +0.5%
Industrial Production forecast 1 month ahead +0.3% m/m
- prior -3.4%
- 2 months ahead seen at -0.7%
Data via Ministry of Japan’s Economy, Trade and Industry Ministry
US tariffs threat but hasn’t even hit yet:
- automobile industry-specific tariffs of 25%
- also faces 24% “reciprocal” tariff rate starting on July 9
Japan’s government is trying to get exemptions, but Trump does not sound in the mood to compromise.
more to come
Earlier re Japan:
This article was written by Eamonn Sheridan at www.forexlive.com.
