Japan data - overall household spending, jobless rate, and job-to-applicant ratio
Overall Household Spending for January, -5.1% y/y
- expected -4.1%, prior was -3.4%
Jobless Rate for January, 3.6%
- expected 3.4%, prior was 3.4%
Job-To-Applicant Ratio for January, 1.14
- expected 1.15, prior was 1.15
-
We had Japanese inflation data out at the same time ... here
-
That household spending result is dreadful ...
- its fallen for 10 consecutive months
- And at -5.1% it's the fastest fall since September
- Meanwhile, unemployment at its highest since September 2014 also
Will the last person to leave Japan please turn out the lights?