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Japan October Industrial Output +3.0% m/m (exp +3.9%) Retail sales +1.6% y/y (exp +2.2%)

Both of these miss.

On output, the outlooks:

Manufacturers expect November output to be -2.2% m/mexpect December output to be -0.5% m/m

Earlier from Japan today:

Tokyo area November inflation data, a big jump higher: Headline 2.6% y/y (prior 1.8%)USD/JPY towards 151.10 – the drop began before the CPI data officially published

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

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