Published: 2025-11-07T01:57:38.000Z
USD/JPY flows: Household spending soft
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Japanese September household spending +1.8% y/y
The September Japanese household spending continue to expand at +1.8% y/y. However, month to month data is showing a contraction of 0.7%. Private consumption continues to be dragged by negative real wage and would unlikely to be upbeat.
USD/JPY is trading 0.06% higher at 153.15.