Collapse of industrial production in Japan in March to 15.3% for the month exceeded expectations, but the judge this is not easy. Moreover, household spending in March declined by 8.5% YoY vs. -0.2% in February. Meanwhile, CPI for the favorite category (excluding fresh food) rose to 0.2% y / g (-0.3%), while the main index is still in negative territory at -0.1% y / y. All these statistics are ultimately had little impact on the yen against the dollar's decline that sent the USD / JPY back down to 81.60 from 82.50 the above motion during yesterday's European session.
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