Japan industrial production dropped -1.0% mom in December, worse than expectation of -0.8% mom. Manufacturers surveyed by the Ministry of Economy, Trade and Industry (METI) expected output to grow 5.2% in January and 2.2% in February. Retail sales grew 1.4% yoy in December, below expectation of 2.7% yoy. That’s nonetheless the third straight month of […]
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