Japan data: Overall Household Spending, Jobless Rate & Job-To-Applicant Ratio

More Japan data (the inflation results are on a separate post)

Overall Household Spending for March, -1.3% y/y. Beats the February data, but still a miss, quite a big one, on what was expected. This indicator has not been a good one for the Japanese economy for many months & years

• expected -0.5%,
• prior was -3.8%

Jobless Rate for March, 2.8%. Unchanged on the month and beating expectations.

• expected 2.9%
• prior was 2.8%

Job-To-Applicant Ratio for March, 1.45. Availability of jobs to its highest since November of1990

• expected 1.43
• prior was 1.43