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Japan Industrial Output Revised Upward

Japan’s industrial output in July fell a seasonally adjusted 1.0 percent from the previous month, revised upward from the initially reported 1.2 percent drop, the government said Friday.

The reading represents the first decline in two months. The Ministry of Economy, Trade and Industry attributed the revision to data on medical goods as well as coffee and other beverage sectors, which were not available when it published the preliminary report on Aug. 31.

The index of production at factories and mines stood at 91.7 against the base of 100 for 2005.

The index of industrial shipments was revised to a fall of 3.1 percent from an initially reported decline of 3.6 percent, while the industrial inventories index was revised to a 2.9 percent rise from the preliminary 2.8 percent growth.

via Mainichi

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June
18
Today’s Global
Market Events
12:30am

JPY
Revised Industrial Production m/m
(F)1.7% (P)1.7%
2:00am

EUR
ECB President Draghi Speaks
4:30am

GBP
CPI y/y
(F)2.6% (P)2.4%
GBP
PPI Input m/m
(F)0.1% (P)-2.3%
GBP
RPI y/y
(F)3.1% (P)2.9%
GBP
Core CPI y/y
(F)2.1% (P)2%
GBP
HPI y/y
(F)2.6% (P)2.7%
GBP
PPI Output m/m
(F)0% (P)-0.1%
5:00am

EUR
German ZEW Economic Sentiment
(F)38.2 (P)36.4
EUR
ZEW Economic Sentiment
(F)29.4 (P)27.6
Tentative

GBP
BOE Inflation Letter
8:30am

USD
Building Permits
(F)0.98M (P)1.01M
USD
Core CPI m/m
(F)0.2% (P)0.1%
USD
CPI m/m
(F)0.1% (P)-0.4%
USD
Housing Starts
(F)0.95M (P)0.85M
Day 2

ALL
G8 Meetings
6:45pm

NZD
Current Account
(F)-0.64B (P)-3.26B
7:50pm

JPY
Trade Balance
(F)-0.89T (P)-0.76T
8:00pm

AUD
CB Leading Index m/m
(F)N/A (P)0.1%
8:30pm

AUD
MI Leading Index m/m
(F)N/A (P)0.2%