Published: 2025-02-07T03:36:32.000Z
USD/JPY flows: Improving Household Spending
FX Analyst
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Japan government official says December household spending best since August 2022
The Japan December Household Spending y/y has finally shown signs of improvement as it grew by +2.7%. It is a good sign for the Japanese economy as private consumption has been hindering the growth in 2024. An improving consumption and higher wage dynamic would be great for the BoJ to see.
USD/JPY is trading 0.17% higher at 151.6.