Japanese Household Spending YoY (Mar) Y/Y -2.9% vs. Exp. -1.5% (Prev. -1.8%)

The Japanese household spending data showing a year-on-year decline of 2.9% versus an expected decrease of 1.5% indicates a larger-than-anticipated drop in consumer demand.

Newsquawk StaffPublished On the live feed at 3 more headlines followed before this page went public
Newsquawk headlinesUTC

BoJ Summary of Opinions from the April meeting noted a member said that given real interest rates are at a significantly low levels, it is appropriate for the BoJ to continue raising policy rates

PRE-MARKET AUSTRALIAN, JAPANESE & SOUTH KOREAN STOCK NEWS: SoftBank reported record-high FY net income and revenue

Japanese Household Spending YoY (Mar) Y/Y -2.9% vs. Exp. -1.5% (Prev. -1.8%)

US President Trump posts "I am asking Congress to pass that Bill, the 21st Century ROAD to Housing Act, which would ensure that homes are for people, not Corporations"

Fed Chair nominee Warsh clears Senate procedural hurdle and a Senate confirmation vote is expected as early as Wednesday

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

This miss could reflect broader economic weaknesses, potentially influencing Bank of Japan policy and impacting commodities, particularly those sensitive to consumer behavior.

Related headlines

The whole workspace, free to try.

Try it free