The latest Reuters poll showed that the Japanese industrial production is likely to have dropped for the second consecutive month in November amid dwindling global demand, courtesy US-China trade war.
Key Findings:
“Industrial output is expected to have fallen 1.4% in November from the previous month, which would follow a hefty 4.5% drop in October.
Retail sales likely fell 1.7% in November from a year ago
The poll also forecast the jobless rate at 2.4% in November, unchanged from the previous month.”
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