Japan April all industry activity index +1.0% … FOREX LIVE
Japan April all industry activity index +1.0% vs +0.9% m/m expected
The data is often referred to as the monthly GDP reading, it’s a tracker production across all sectors of the Japanese economy and follows the GDP growth figures/trend.
A solid bounce in economic activity for April and that will provide some comfort to Japanese officials that Q2 may not yet be as bad as Q1 growth figures. A minor data point though.