Higher numbers than forecast tend to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
The most recent announced value for Overall Household Spending (YoY) was 2.1% against a forecast of 0.2%.
Recent economic data has been moderately bearish for JPY. Other recent announcements which may affect the market's interpretation of the next Overall Household Spending (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Labor Cash Earnings (YoY) | Bearish change | 3.1% | 2.1% | ||
Unemployment Rate | Bearish change | 2.4% | 2.5% | ||
Large Retailer Sales | Bullish change | 2% | 3% | ||
Retail Trade (YoY) | Bullish change | 1.3% | 3.1% | ||
Retail Trade s.a (MoM) | Bearish change | 0.4% | -1.2% |
Country: | Japan |
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Currency: | JPY |
Source: | Ministry of Economy, Trade and Industry of Japan |
Category: | Consumption |
Frequency: | Monthly |