Japan data - Retail sales March +7.2% y/y (expected 5.8%)

Japan Retail Sales March +7.2% y/y

• expected 5.8%, prior 7.3%
• for the m/m, +0.6% (expected +0.3%, prior +2.1%)

more to come

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Coming later from Japan, the Bank of Japan decision, previews:

• Bank of Japan monetary policy decision due today - preview ("target 128 for end of Q2")

• Preview - BOJ decision due Friday, 28 April 2023: "cannot fully rule out a change" in YCC

• BOJ meet this week - preview - YCC to be abandoned but not until July
• BOJ meeting preview - Deutsche Bank expect a policy revision, 3 scenarios
• Has BOJ Gov Ueda dismissed any change to YCC at this week's policy meeting? Looks like it

• BOJ meeting this week - preview - the BOJ may move on a 5-year JGB target option

jpy