Japan’s industrial production rises 2.2% mom on auto strength, but forward signals soft

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Japan’s industrial production rose 2.2% mom in January, marking the first increase in three months, though falling well short of expectations for a 5.5%. . Production expanded in 13 of 15 sectors, with automakers posting a notable 9.1% gain amid solid demand for passenger vehicles both domestically and overseas. However, weakness persisted in production machinery, […]The post Japan’s industrial production rises 2.2% mom on auto strength, but forward signals soft appeared first on ActionForex.