Japan July Household spending -2.7% m/m
- expected +0.7%, prior +0.9%
For the y/y -5.0%
- expected -2.5%, prior -4.2%
Nothing in this data to suggest the Bank of Japan will be dialling back on the easing path any time soon.
USD/JPY update:
![usdyen update falling hosehold spending in Japan 05 September 2023](https://images.forexlive.com/images/usdyen%20update%20falling%20hosehold%20spending%20in%20Japan%2005%20September%202023_id_2632df79-da09-4320-98a6-3ea3348d2f50_size900.jpg)
Japan July Household spending -2.7% m/m
For the y/y -5.0%
Nothing in this data to suggest the Bank of Japan will be dialling back on the easing path any time soon.
USD/JPY update:
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