An ugly miss for this data point. At the margin its not yen supportive.
July household spending +0.1% y/y
- expected +1.2%, prior -1.4%
-1.7% m/m
- expected -0.2%, prior +0.1%
USD/JPY update. Looks like its going to be a long wait until NFP.
Japan data - July household spending +0.1% y/y (expected +1.2%)
- Japanese consumer not showing up