Japan — Retail sales data for September +0.8% m/m (expected +0.8%)

Japanese retail sales data for September +0.8% m/m … in line m/m

  • expected +0.8% m/m, prior -1.6%

 +2.2% y/y  … miss for the y/y

  • expected +2.3%, prior +1.8%

Very little yen response, which is pretty much par for the course for Japanese data.

—ps — the BOJ policy announcement is tomorrow:

  • Preview of the Bank of Japan meeting
  • Preview of the … BOJ meeting

—And, another ps. Earlier today Stats NZ revised !2 retail sales for New Zealand, quite a chunk lower:

  •  Up 1.7% q/q, revised from up 2%

Stats NZD citing an error
In addition to the revision StatsNZ says there will be a delay of a week to the Q3 retail sales data — new date is November 23. Citing the introduction of a new methodology.

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