31-10-2016, 02:56 PM
Japan’s Industrial Output, Retail Sales Stall in September
Japan’s industrial production was unchanged in September from a month earlier, falling short of forecasts, in the latest snapshot of Japan’s economy as the central bank board gathers to consider monetary policy. Retails sales were also unchanged, reflecting sustained weakness in consumer spending.
Key Points
Japan’s industrial production was unchanged in September from a month earlier, falling short of forecasts, in the latest snapshot of Japan’s economy as the central bank board gathers to consider monetary policy. Retails sales were also unchanged, reflecting sustained weakness in consumer spending.
Key Points
- Industrial output was unchanged in September from a month earlier (forecast +0.9 percent).
- Output is forecast to rise 1.1 percent in October, then rise 2.1 percent in November.
- Retail sales were unchanged from the previous month (forecast +0.2 percent).
Virtual currencies are worth virtually nothing.
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