Published: 2026-02-06T02:03:00.000Z
USD/JPY flows: Household spending miss
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Japan December Household Spending -2.9% m/m
The Japan Household Spending contracted by 2.9% m/m in December. It is quite understandable given the current living cost pressure and choppy real wage. Still, it is not a favorable point for the BoJ to see if they would like to further hike rates as it could suggest less sustainable inflationary momentum. JGB yields are lower across the curve to begin the last trading day of the week.
USD/JPY is trading 0.16% lower at 156.76.