Japan May Production Update

Japan's industrial production rose 0.5% in May for the second month in a row, meeting market expectations. Signs of recovery were noted in sectors previously impacted by Middle East supply disruptions.

Key Takeaways

• 1.Japan industrial production rose by 0.5% in May, marking the second consecutive month of growth, aligning with market forecasts.
• 2.Supply chain recovery is evident in petroleum and chemical sectors, which turned upward in May after declining since February due to Middle East disruptions.

Table of Contents

• Japan: May Production Rises for Second Straight Month, In Line With Market Forecast
• Disclosure Appendix

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