Japan industrial production dropped -1.6% mom, as auto-related production dived

Japan industrial production declined -1.6% mom in September, below expectation of -1.0% mom. That’s also the first contract in four months. The fall was driven by -12.4% mom decline in auto-related production, the steepest fall in eight months. Manufacturers surveyed by the Ministry of Economy, Trade and Industry (METI) expected output to fall another -0.4% […]

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