Japan: Industrial production recovery remains |
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• Industrial production in September increased for the seven month in a row and production plans suggest the recovery could pick up some speed in coming months on the back of low inventories and strong exports. • Today’s industrial production data suggest that Japan’s GDP growth is currently substantial above potential. In line with other Asian data released recently it suggests that the recovery has gained strength in late Q3. Industrial production appears to be picking up some speed again
Filed under: Fundamental
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