Output, Wages, Housing (Apr) & PMI (May)

Today's data were mixed, with weak industrial production and housing starts offset by better news from the manufacturing PMI and the labour market. However, all have been somewhat overshadowed by the Social Democratic Party's decision to quit the governing coalition. This emphasises the difficulties faced by the ruling Democratic Party of Japan in its attempts to deliver the credible fiscal plan that the markets will want ahead of July's Upper House elections.  Industrial production rose by 1.3% m/m in April

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.