020 7898 0500The Governor of the Bank of Japan spoke in the early hours yesterday to address many of Japan’s pending issues. Industrial production was a mixed bag; output had actually risen 1.4% in October, but this just missed out on expectation.
Overall, however, year-on-year production fell by 1.4%, its third straight decline.
Despite this, overall sentiment on production was good; many believe that this quarter could show an increase as exports seem to be recovering.
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