Japan's Ministry of Economy, Trade and Industry released its preliminary industrial production data on late Sunday evening. Preliminary industrial production in Japan climbed 1.4% in October, missing expectations for a 1.9% rise, after a 1.1% gain in September.

The increase was mainly driven by rises in business oriented machinery, transport equipment and electronic parts and devices industry.

According to a survey by the ministry, industrial production is expected to rise 0.2% in November, and to decline 0.9% in December.

On a yearly basis, Japan's industrial production was down 1.4% in October, after a 0.8% decline in September.