- Overall Household Spending y/y for January: 1.1% (vs. expected 0.5%, prior was 0.7%)
- Jobless Rate for January: 3.7%(vs. expected 3.7%, prior was 3.7%)
- Job-To-Applicant Ratio for January: 1.04 (vs. expected 1.04, prior was 1.03)
The CPI data was also eleased at 2330GMT, here: Japan National CPI for January: 1.4% (vs. 1.3% expected) + all the CPI data here
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Household spending has come in well above expectations – it would seem spending ahead of the sales tax hike due in April is exceeding expectations … makes one wonder what spending will do after April though…
