The typical/expected impact on JPY pairs is medium.
The consensus forecast for Retail Trade (YoY) is 2.5%. A higher value than forecast tends to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
Higher numbers than forecast tend to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
The most recent announced value for Retail Trade (YoY) was 4.6% against a forecast of 3%.
Recent economic data has been strongly bearish for JPY. Other recent announcements which may affect the market's interpretation of the next Retail Trade (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Tokyo Consumer Price Index (YoY) | Bearish change | 2.6% | 1.8% | ||
Tokyo CPI ex Food, Energy (YoY) | Bearish change | 2.9% | 1.8% | ||
Tokyo CPI ex Fresh Food (YoY) | Bearish change | 2.4% | 1.6% | ||
National Consumer Price Index (YoY) | Bearish change | 2.8% | 2.7% | ||
National CPI ex Food, Energy (YoY) | Bearish change | 3.2% | 2.9% | ||
National CPI ex Fresh Food (YoY) | Bearish change | 2.8% | 2.6% | ||
Exports (YoY) | Bearish change | 7.8% | 7.3% | ||
Imports (YoY) | Bearish change | 0.5% | -4.9% | ||
Merchandise Trade Balance Total | Bullish change | ¥-377.8B | ¥366.5B |
Country: | Japan |
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Currency: | JPY |
Source: | Ministry of Economy, Trade and Industry of Japan |
Category: | Consumption |
Frequency: | Monthly |