> Japan Household spending for January -6.1% y/y (expected -2.1%)

Japan Household spending for January -6.1% y/y (expected -2.1%)

Eamonn Sheridan

Eamonn Sheridan

Monday, 08/03/2021 | 23:30 GMT

0

Japan Household spending for January slumps to down 6.1% y/y and its most rapid drop m/m since October 2019

expected -2.1%, prior -0.6%

The state of emergency dampened spending, and maybe even more importantly confidence. It persists still in Tokyo.

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