Japan - (Feb) Overall Household Spending: -3.8% y/y (expected -1.7%) (& more data)

The inflation data is on a separate post

Other data out at the same time:

Overall Household Spending y/y for February, -3.8% ......... TERRIBLE! 

• expected is -1.7%, prior was -1.2%


• Slow consumer spending is weighing on economic growth in Japan, and it doesn"t look t be improving based on this result

Jobless Rate for February, 2.8%, a beat

• expected is 3.0%, prior was 3.0%

Job-To-Applicant Ratio for February, 1.43

• expected is 1.44, prior was 1.43 

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Still to come from Japan, due at 2350GMT

• Industrial Production m/m for February (preliminary reading), expected is 1.2%, prior was -0.4%


• Industrial Production y/y for February (preliminary), expected is 3.9%, prior was 3.7%
  

Japan - (Feb) Overall Household Spending: -3.8% y/y (expected -1.7%) (& more data)
Japan - (Feb) Overall Household Spending: -3.8% y/y (expected -1.7%) (& more data)
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