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EventIndustrial Production (MoM)
DescriptionThe index reflects the change of output in manufacturing, mining industry and utility services. High or rising indicator valuesindicate the development of the economy. The initial value of the index is given in the end of the month, two weeks later therevised value of the index is given.
EffectThe market participants are closely following this indicator. Overall, the index growth is positive for the yen, though it has a slight influence on the Japanese currency.
SourceMinistry of Economy, Trade and Industry