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Monday, March 30, 2009

Japan Feb industrial output falls 9.4% MoM

Japan's industrial output fell 9.4 percent in February, slightly more than expected, data showed on Monday, adding gloom to an economy mired in its worst recession since World War Two.

Manufacturers surveyed by the government expect output to rise 2.9 percent in March, and rise 3.1 percent in April, the data showed.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Wednesday, Jun 11
23:30 Monthly Budget Statement 2 $-316B $-325B $258B
Thursday, Jun 12
04:15 Electronic Card Retail Sales (MoM) 1 -0.2% 0.0%
04:15 Electronic Card Retail Sales (YoY) 1 0.9% -0.3% -0.3%
04:31 RICS Housing Price Balance 1 -8% -3% -3%
06:30 Consumer Inflation Expectations 2 5.0% 4.1%
11:30 Manufacturing Production (MoM) 2 -0.8% -0.8%
11:30 Industrial Production (YoY) 1 -0.2% -0.7%
11:30 Industrial Production (MoM) 2 -0.5% -0.7%
11:30 Manufacturing Production (YoY) 1 0.4% -0.8%
11:30 Index of Services (3M/3M) 1 0.7% 0.7%
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