The typical/expected impact on JPY pairs is medium.
The consensus forecast for Retail Trade (YoY) is 2.2%. A higher value than forecast tends to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
Lower numbers than forecast tend to be bullish for xxx/JPY pairs and bearish for JPY/xxx pairs.
The most recent announced value for Retail Trade (YoY) was 0.5% against a forecast of 2.3%.
Recent economic data has been strongly bearish for JPY. Other recent announcements which may affect the market's interpretation of the next Retail Trade (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
National Consumer Price Index (YoY) | Bearish change | 2.5% | 2.3% | ||
National CPI ex Food, Energy (YoY) | Bullish change | 2.1% | 2.3% | ||
National CPI ex Fresh Food (YoY) | Bearish change | 2.4% | 2.3% | ||
Exports (YoY) | Bullish change | -1.7% | 3.1% | ||
Imports (YoY) | Bearish change | 1.8% | 0.4% | ||
Merchandise Trade Balance Total | Bearish change | ¥-294.1B | ¥-461.2B | ||
Gross Domestic Product (QoQ) | Bearish change | 0.5% | 0.2% | ||
Gross Domestic Product Annualized | Bearish change | 2.2% | 0.9% | ||
Gross Domestic Product Deflator (YoY) | Bearish change | 3.2% | 2.6% |
Country: | Japan |
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Currency: | JPY |
Source: | Ministry of Economy, Trade and Industry of Japan |
Category: | Consumption |
Frequency: | Monthly |