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Japan March housing starts y/y -8.3% vs -4.3% expected

Japan March housing starts y/y -8.3% vs -4.3% expected

News
Justin Low
27/04/2018 | 05:04 GMT

Latest data released by the Ministry of Land, Infrastructure, Transport and Tourism - 27 April 2018

  • Prior -2.6%
  • Annualised housing starts 0.895m vs 0.930m expected
  • Prior 0.926m
  • Construction orders y/y -4.0% vs +19.2% prior

Mixed data to start the year for the Japanese housing market. A minor data point, one that's not going to have much impact on the yen sentiment as we await BOJ Kuroda's presser later.

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