Japan December 2024 Industrial Production -0.2% m/m (preliminary +0.3% m/m, prior -2.2%)

Japan December 2024 Industrial Production is not encouraging:

-0.2% m/m

• preliminary +0.3% m/m, prior -2.2%

-1.6% y/y

• prelim was -1.1%
• prior -2.7%

Capacity Utilization -0.2% m/m

• prior -1.9%

Also out is Japan Tertiary Industry Activity Index for December

+0.10%

• expected: 0.20, prior -1.20

***

USD/JPY is lower on the session following the huge beat for Q4 GDP:

• Japan Q4 GDP surges to +2.8% annualized (from +1.0% expected), deflator hits 2.8% – yen up

• USD/JPY traded under 152.00 after the very strong Q4 economic growth data

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