Both of these miss. On output, the outlooks: Manufacturers expect November output to be -2.2% m/m expect December output to be -0.
5% m/m Earlier from Japan today: Tokyo area November inflation data, a big jump higher: Headline 2.6% y/y (prior 1.8%) USD/JPY towards 151.
10 - the drop began before the CPI data officially published.
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Japan October Industrial Output +3.0% m/m (exp +3.9%) Retail sales +1.6% y/y (exp +2.2%)
Both of these miss.On output, the outlooks:Manufacturers expect November output to be -2.2% m/mexpect December output to be -0.5% m/m Earlier from Japan today:Tokyo area November inflation data, a big jump higher: Headline 2.6% y/y (prior 1.8%)USD/JPY towards 151.10 - the drop began before the CPI data officially published This article was written by Eamonn Sheridan at www.forexlive.com.