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.
