MNI China Daily Summary: Friday, April 26

MNI BRIEF: China, US Should Strengthen Dialogue, Cooperation

MNI BRIEF: SNB Framework Reform 'Playing With Fire' - Steiner

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Lower At 7.1056 Fri; -4.56% Y/Y

MNI: BAKER HUGHES US RIG COUNT 613; OIL RIGS 506; GAS RIGS 105

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL APR INDEX 77.2

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Japan Dec Ind. Output +1.8% M/M; Shipments +2.5% M/M

JAPAN DATA
MNI (Singapore)
DataHomepagemarkets-real-timeData BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets
  • Japan's industrial production rose 1.8% in December compared with last month, marking the first rise in two months. The general-purpose/commercial machinery industry made the largest contribution to the increase.
  • Shipments increased by 2.5% m/m, marking the first increase in two months, led by the transport equipment industry.
  • Inventory decreased for the first month in three by 1.2% m/m, led by automobile industry.
  • METI keeps its assessment of production as "up and down" considering the tendency of its production plan. We will continue to monitor the impact of the downturn in the global economy and rising prices, METI said.
  • METI sees production will fall 6.2% (revised up from -7.2%) in January before rising 2.2% in February.
111 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • Japan's industrial production rose 1.8% in December compared with last month, marking the first rise in two months. The general-purpose/commercial machinery industry made the largest contribution to the increase.
  • Shipments increased by 2.5% m/m, marking the first increase in two months, led by the transport equipment industry.
  • Inventory decreased for the first month in three by 1.2% m/m, led by automobile industry.
  • METI keeps its assessment of production as "up and down" considering the tendency of its production plan. We will continue to monitor the impact of the downturn in the global economy and rising prices, METI said.
  • METI sees production will fall 6.2% (revised up from -7.2%) in January before rising 2.2% in February.