Latest data released by Statistics Japan - 8 May 2018
- Prior +0.1%; revised to -0.9%
Data measures inflation-adjusted expenditure by Japanese consumers. Not exactly the most encouraging sign as the revision means that household spending falls for a second straight month. A hint of a bit of a slowdown in Q1 maybe?
A minor data point though. USD/JPY sits near the lows for the session at 108.90 currently with the dollar a little weaker across the board to start the new day.
