Japan August Household Spending Data: Bullish for the Yen

On October 7, 2025, the Statistics Bureau released Japan’s household spending month-on-month data for August. The actual figure was 0.6%, exceeding the forecast of 0.1%, with the previous reading at 1.7%.Definition: Published by the Statistics Bureau of Japan, the household spending month-on-month indicator measures total inflation-adjusted expenditures by all households nationwide. Market Impact: The actual result surpassed expectations, providing support for the Japanese yen.This indicator is highly significant, calculated as the annual change in total domestic household spending. It is released monthly, with the next publication scheduled for November 7, 2025.

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