Japan June 2024 Retail Sales +3.7% y/y (expected +3.3%)Better than expected retail trade results for the y/y. The m/m is lower than the prior. Mixed results for this data following recent wage gains.
I doubt the BoJ is paying too much attention to today's data but this is probably indicative of on hold given its mixed nature.
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: Japan June 2024 Retail Sales +3.7% y/y (expected +3.3%) (https://www.forexlive.com/news/japan-june-2024-retail-sales-37-yy-expected-33-20240730/)
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