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Japan data: Overall Household Spending -0.2y/y for July (expected +0.5%) + jobs data
Overall Household Spending -0.2% y/y for July, expected +0.5%, prior was -2.0% Jobless Rate for July, 3.3% expected 3.4%, prior was 3.4% Job-To-Applicant Ratio for July, 1.21 expected 1.19, prior was 1.19 -- On those employment numbers, yesterday Bank of Japan (BOJ) Governor Kuroda said Japan was at full employment Household spending is a disappointing miss on expectations. Consumer spending is a continuing weak spot for the Japanese economy.