Japan data:

Overall Household Spending y/y for December, -3.4%

  • expected -2.3%, prior was -2.5%

Jobless Rate for December, 3.4%

  • expected 3.5%, prior was 3.5%

Job-To-Applicant Ratio for December, 1.15

  • expected 1.12, prior was 1.12

CPI data out at the same time

That sure is an UGLY household spending result