Japan September industrial production data due today — preview

Ahead of the IP data is other data from Japan, to note:2330 GMT 

  • Overall Household Spending y/y for September, expected is 0.6%, prior was 0.6%
  • Jobless Rate for September, expected is 2.8%, prior was 2.8%
  • Job-To-Applicant Ratio for September, expected is 1.53, prior was 1.52 

Then, coming up at 2350 GMT — the Industrial production data for September (preliminary)

  • Industrial Production m/m expected is -1.6%, prior was -2.0%
  • Industrial Production y/y expected is 2.0%, prior was 5.3%

Reuters have a bit of preview up, in a nutshell its expected to fall in September after solid gains the previous month

  • analysts say the trend remains upward thanks to expanding global demand
  • Yoshimasa Maruyama, chief market economist at SMBC Nikko Securities, said factory output had been up and down this year but would show a rising trend if the monthly data was averaged out. «Increasing demand, both in Japan and overseas, supported output growth but especially so for exports,» he said. «A pickup in the global economy and a softer yen boosted Japan’s exports — they are a tailwind for manufacturers.»

The article is here for more if you’d like
And, don’t forget — its BOJ day!

  • BOJ decision day — preview (add this to the other previews!)
  • Bank of Japan meeting concludes today — here is when to expect the announcement
  • Preview of the BOJ meeting (Cap Eco)
  • Moving along — preview of the Bank of Japan meeting
  • Preview of the Bank of Japan meeting (announcement due Tuesday)
  • BOJ likely on hold this week, but to nudge down inflation forecasts

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