Japan Household Spending for May: +4.0% y/y (expected 1.5%)

A solid jump for this data point

• For the m/m its up 5.5%
• for the y/y +4.0% (expected 1.5%, prior 1.3%)

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As an aside, related, the Citi economic data surprise index for Japan is showing data results beating forecasts (ie positive surprises) - like this this one today.