Well, industrial output in Japan seems to be performing well at the moment since Japan's industrial production rose to a record in October. Output rose a seasonally adjusted 1.6 percent from a month earlier, when it fell 1.4 percent, the Trade Ministry said in Tokyo today. The year on year rise was 3.5 percent.
Clearly this would seem to indicate that exports continue to hold up well, although there are also the comparatively strong October retail sales (reported yesterday) to take into account, since they mean that domestic demand, despite the weak earnings numbers, is not entirely flat.
