Japan Unemployment Rate comes in at 2.6% in September, Retail Trade eased to 5.8% YoY vs. 5.9% expected
Posted At: 2023-10-31 09:00
Japan’s Unemployment Rate came in at 2.6% in September, compared with the previous figure of 2.7%, according to the official data published by the Japan Statistics Bureau on Tuesday. The market consensus was a 2.6% print in the reported period.
Additionally, the nation’s Retail Trade eased to 5.8% YoY in September from the previous reading of 7.0%. The figure came in worse than the expectation of 5.9%, the Ministry of Economy, Trade and Industry reported on Tuesday.
Market reaction
The comments above has little to no impact on the Japanese Yen. The USD/JPY pair is trading unchanged on the day at 149.10, as of writing.