Japan data: May retail sales +0.6% m/m (vs. +1.0% expected and +1.0% previously)

For the year +3.6%

  • expected +4.0%, prior +3.1%

More interesting regarding Japan this morning are Bank of Japan Governor Kuroda’s comments:

  • Kuroda says Japan’s core CPI is above 2%, almost entirely due to rising international energy prices

This article was written by Eamonn Sheridan at www.forexlive.com.

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