Japan Overall Household Spending for June: -1.2% y/y (expected -1.4% y/y) - ConsultFX

Japan Overall Household Spending for June: -1.2% y/y (expected -1.4% y/y)

Japan Overall Household Spending down y/y for the 5th straight month - for the m/m is up 2.9% Down y/y but up m/m … conflicting signals from this. It comes against a background of slipping domestic demand as well as indications exports may stall as global trade restrictions escalate.