Japan data - March Household Spending +1.2% m/m (expected -0.3%)

  • Green shoots?

Japan Overall Household Spending for March 2024

+1.2% m/m for a nice beat

  • expected -0.3%, prior +1.4%

-1.2% y/y, also for a beat but down for a 13th straight month

  • expected -2.4% and prior -0.5%
Japan shop store 10 May 2024 2

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