Latest data from the Japan Chain Stores Association
- Prior y/y -0.6%
A minor data point. Convenience store sales didn't do too well as we had the reading earlier in the week, so it's a mixed bag ahead of the retail sales data due on 30 January.
This reading generally tracks the resale of new/used goods to the public, for household consumption. A general consumption indicator, not a very major one - just a small glimpse into consumer sentiment.
USD/JPY still pivoting around 109.00 level while EUR/JPY is trading narrowly near 135.55.
