The typical/expected market impact of this event is low.
The consensus forecast for Bank Lending (YoY) is 4%. A higher value than forecast tends to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
Higher numbers than forecast tend to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.
The most recent announced value for Bank Lending (YoY) was 4.1% against a forecast of 3.8%.
Recent economic data has been broadly neutral for JPY. Other recent announcements which may affect the market's interpretation of the next Bank Lending (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Large Retailer Sales | Bullish change | 3% | 5% | ||
| Retail Trade (YoY) | Bullish change | 0.2% | 1.7% | ||
| Retail Trade s.a (MoM) | Bullish change | 0.3% | 1.6% | ||
| Tokyo Consumer Price Index (YoY) | Bearish change | 2.8% | 2.7% | ||
| Tokyo CPI ex Food, Energy (YoY) | (no change) | 2.8% | 2.8% | ||
| Tokyo CPI ex Fresh Food (YoY) | (no change) | 2.8% | 2.8% | ||
| Unemployment Rate | (no change) | 2.6% | 2.6% |
| Country: | Japan |
|---|---|
| Currency: | JPY |
| Source: | Bank of Japan |
| Category: | Consumption |
| Frequency: | Monthly |