For the Japanese Yen
Household spending rose by 2.6%, month-on-month, following on from an 11.5% slide in October. Economists had forecast a 9.8% decline. Year-on-year, spending fell by 2%, however, which was worse than a forecasted 2.5% rise. In October, spending had fallen by 5.1%.
According to the Statistic Bureau,
There were heavy falls in spending on education (-17.1%), furniture & household utensils (-13.1%), clothing & footwear (-6.8%), and housing (-4.1%).
Spending on fuel, light & water charges (-1.5%) and on transportation & communication (-0.1%) also declined.
There were increases in spending on medical care (6.0%), culture & recreation (3.4%), and food (0.2%), however.
The fall in spending, year-on-year, came in spite of disposable income rising by 2.7%, supported by a 1.9% rise in income.
The Japanese Yen moved from ¥109.52 to ¥109.517 upon release of the figures. At the time of writing, the Japanese Yen was down by 0.04% to ¥109.56 against the greenback.USDJPY 4HR SHORT - #HOKCAPITAL SWINGTRADE
Household spending rose by 2.6%, month-on-month, following on from an 11.5% slide in October. Economists had forecast a 9.8% decline. Year-on-year, spending fell by 2%, however, which was worse than a forecasted 2.5% rise. In October, spending had fallen by 5.1%.
According to the Statistic Bureau,
There were heavy falls in spending on education (-17.1%), furniture & household utensils (-13.1%), clothing & footwear (-6.8%), and housing (-4.1%).
Spending on fuel, light & water charges (-1.5%) and on transportation & communication (-0.1%) also declined.
There were increases in spending on medical care (6.0%), culture & recreation (3.4%), and food (0.2%), however.
The fall in spending, year-on-year, came in spite of disposable income rising by 2.7%, supported by a 1.9% rise in income.
The Japanese Yen moved from ¥109.52 to ¥109.517 upon release of the figures. At the time of writing, the Japanese Yen was down by 0.04% to ¥109.56 against the greenback.USDJPY 4HR SHORT - #HOKCAPITAL SWINGTRADE
Trade active
Trade closed: target reached
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.