Japan Household spending for August -3% y/y (expected -1.5% y/y)

Japan Household spending for August -3% y/y

• expected -1.5% y/y, prior +0.7%

-3.9 % m/m

• expected -2.0% m/m, prior -0.9%

Data was out a little while ago but eyes were on the US debt limit voting.

ICYMI:

• US Senate has the numbers to approve procedural vote - next up is the actual debt ceiling vote
• Next up in the US Senate, the vote to actually raise the debt ceiling