Skip to main content

Japan Industrial Production & Retail Sales (Apr. 23)

April’s activity data were a mixed bag. The fall in industrial production and sharp drop in retail sales volumes pose downside risks to our Q2 GDP growth forecast. By contrast, capital goods shipments data suggest business investment will do better than we expect. At any rate, it’s still early in the quarter and the upshot is we’re sticking to our Q2 GDP growth forecast for now.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services

Get access